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  2. The 3-year US freight recession may finally be ending - AOL

    www.aol.com/news/3-us-freight-recession-may...

    Bank of America said the strength its observing in the freight market is ... which are both above the $1.50 cost per mile and the average rate of $1.53 in 2023 and 2024. The spot rates began to ...

  3. Freightos Baltic Index - Wikipedia

    en.wikipedia.org/wiki/Freightos_Baltic_Index

    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).

  4. Baltic Dry Index - Wikipedia

    en.wikipedia.org/wiki/Baltic_Dry_Index

    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.

  5. Spot market - Wikipedia

    en.wikipedia.org/wiki/Spot_market

    It contrasts with a futures market, in which delivery is due at a later date. [2] In a spot market, settlement normally happens in T+2 working days, i.e., delivery of cash and commodity must be done after two working days of the trade date. [1] A spot market can be through an exchange or over-the-counter (OTC).

  6. Who's Really Hauling Spot Market Freight? - AOL

    www.aol.com/news/whos-really-hauling-spot-market...

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  7. Baltic Exchange - Wikipedia

    en.wikipedia.org/wiki/Baltic_Exchange

    The Baltic Exchange (incorporated as The Baltic Exchange Limited [1]) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts. Situated since Edwardian times at 24-28 St Mary Axe, London EC3, the building was destroyed by a bomb in 1992.

  8. Worldscale - Wikipedia

    en.wikipedia.org/wiki/Worldscale

    Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.

  9. Freight rate - Wikipedia

    en.wikipedia.org/wiki/Freight_rate

    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.

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