# Freight Market Update: June 26, 2019 | Flexport

> Flexport's June 26, 2019 freight update covered Maersk's no-roll guarantee product and the Panama Canal's postponed draft reduction from June 26 to July 3 due to heavier rainfall. It also noted IMO 2020 sulfur rules that could raise freight rates by 2020.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/58488-freight-market-update-june-26-2019-flexport
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Canal draft restrictions reduce cargo loads per vessel, tightening capacity and pushing up ocean freight costs, while IMO 2020 fuel compliance adds upward pressure on shipping rates.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-09-19 | [Monthly Market Update: Florence impacts, macroeconomics, and IMO 2020 - FreightWaves](https://feedsoft.ai/events/63230-monthly-market-update-florence-impacts-macroeconomics-and-imo-2020-freightwaves.md) | +3.1% | +4.7% |
| DIESEL | 2022-11-18 | [Diesel drives fleet costs, freight market shifts \| FleetOwner](https://feedsoft.ai/events/38878-diesel-drives-fleet-costs-freight-market-shifts-fleetowner.md) | -9.9% | -15.1% |
| DIESEL | 2026-10-20 | [Benchmark diesel price up as market takes a short breather - FreightWaves](https://feedsoft.ai/events/632-benchmark-diesel-price-up-as-market-takes-a-short-breather-freightwaves.md) | -0.2% | — |
| DIESEL | 2017-09-10 | [Harvey and Irma Tangle Shipping - Steel Market Update](https://feedsoft.ai/events/69130-harvey-and-irma-tangle-shipping-steel-market-update.md) | +1.0% | -1.9% |
| DIESEL | 2026-10-13 | [Diesel Prices & Freight Trends: What’s Driving the Market in Q4?](https://feedsoft.ai/events/17232-diesel-prices-and-freight-trends-what-s-driving-the-market-in-q4.md) | +1.8% | — |

## Sources

- flexport.com: https://www.flexport.com/global-logistics-update/freight-market-update-june-26-2019/

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