# Rising costs hit container profits | Article | Fruitnet

> Drewry cut its 2018 ocean carrier profit forecast from US$5 billion to breakeven at best, citing a surge in bunker fuel costs in the first quarter. Charter rates for panamax 4,500-5,500 TEU ships rose 45 percent year on year.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/64707-rising-costs-hit-container-profits-article-fruitnet
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher bunker costs and surcharges raise container freight rates, which affects the cost of importing feed ingredients and exporting agricultural goods. Ocean freight costs for feed buyers are likely to stay elevated.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-03-30 | [Mississippi River Reopens As Freight Costs Begin Rising -](https://feedsoft.ai/events/16378-mississippi-river-reopens-as-freight-costs-begin-rising.md) | -4.2% | -12.2% |
| DIESEL | 2026-08-04 | [Record Grain Movement Meets Rising Harvest Freight Costs - RFD](https://feedsoft.ai/events/18086-record-grain-movement-meets-rising-harvest-freight-costs-rfd.md) | +5.6% | +11.0% |
| DIESEL | 2026-10-29 | [Florida trucking CEO warns soaring diesel costs are squeezing carrier profits  - FreightWaves](https://feedsoft.ai/events/1465-florida-trucking-ceo-warns-soaring-diesel-costs-are-squeezing-carrier-profits.md) | -2.4% | — |
| DIESEL | 2026-10-28 | [Fuel, Tight Capacity Push Projected Q4 Freight Costs Higher](https://feedsoft.ai/events/278-fuel-tight-capacity-push-projected-q4-freight-costs-higher.md) | -4.2% | — |
| DIESEL | 2026-10-29 | [Oatly cuts profit outlook on North America costs inflation](https://feedsoft.ai/events/2017-oatly-cuts-profit-outlook-on-north-america-costs-inflation.md) | -2.4% | — |

## Sources

- fruitnet.com: https://www.fruitnet.com/eurofruit/rising-costs-hit-container-profits/175899.article

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