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The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
This is widely used as an indicator of global container prices. [17] [18] In 2021 Freightos launched the Freightos Air Index (FAX) of air cargo rates. In September 2018, Freightos announced a $44.4 million dollar Series C funding round, led by the Singapore Exchange and together with previous investors, including Aleph and More VC. [19]
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
The U.S. Postal Service (USPS) will raise shipping prices in early 2025 while keeping the cost of first-class stamps unchanged. The proposed price hikes, which would take effect Jan. 19, include a ...
The United States Postal Service will be raising shipping prices after the holidays, it recently announced.. Ground Advantage prices will go up 5.4%, Priority Mail will increase by 5.7%, and ...
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize , Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
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