# Bulk freight buys business amid container shortage - Grain Central

> Australian grain shippers are favouring bulk over containers for nearby slots because of a shortage of 20-foot containers linked to COVID-19 disruption in China and blank sailings to north Asia. Bulk freight rates have reportedly halved.

- Date: 2020-03-25 · published 2020-03-25T12:00:00.000Z
- Category: logistics · region Australia · magnitude low
- Page: https://feedsoft.ai/events/54037-bulk-freight-buys-business-amid-container-shortage-grain-central
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Shifting volume to bulk sea freight while bulk rates fall lowers shipping costs for Australian grain and feed exports, though container shortages remain a risk to containerised shipments.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/news/bulk-freight-buys-business-amid-container-shortage/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
