Insights and Stories on Freight Rates

Ocean freight rates trending lower

Jan. 6, 2020 at 6:56 pm CST

MarketsFarm — The Baltic Dry Index has fallen sharply over the past four months, dropping below 1,000 points to start the New Year. A slowdown in iron-ore activity, as high prices have had Chinese mills buying up domestic inventories rather than importing from overseas, accounted for much of the general […]

Ocean freight index hits five-and-a-half year highs

Jul. 16, 2019 at 6:31 pm CDT

By Phil Franz-Warkentin

Baltic Dry Index near 2-1/2-year lows

Feb. 21, 2019 at 5:59 pm CST

By Phil Franz-Warkentin

Grain handle drops in CN’s first quarter

Apr. 24, 2018 at 4:19 am CDT

By Staff

Senate hands back transport bill, with changes

Mar. 29, 2018 at 7:30 pm CDT

By Staff

Baltic Dry Index nears four-year highs

Dec. 4, 2017 at 5:19 pm CST

CNS Canada –– The Baltic Dry Index has climbed sharply over the past two weeks, rising to its highest levels in nearly four years. The BDI settled at 1,662 points on Friday, having gained 300 points since the middle of November. The index was last above 1,600 in January 2014. […]

By Phil Franz-Warkentin

Baltic Dry Index hits two-year highs

Mar. 28, 2017 at 5:49 pm CDT

CNS Canada — Ocean freight rates are trending higher, with the Baltic Dry Index (BDI) hitting its highest level of the past two years on Tuesday. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. […]

By Phil Franz-Warkentin

Barge glut chokes U.S. shipping sector despite record harvest

Feb. 24, 2017 at 11:18 pm CST

Chicago | Reuters — A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses. Even with record-large exports of corn and soybeans, typically a boon for shippers that […]

By Karl Plume Michael Hirtzer

Ocean freight rates pointed down, but well off year-ago lows

Feb. 10, 2017 at 3:24 pm CST

CNS Canada — Ocean freight rates are trending down, but are still well off the record lows seen exactly a year ago. The Baltic Dry Index (BDI), compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The […]

By Phil Franz-Warkentin

Baltic Dry Index edging higher

Jul. 6, 2016 at 1:59 pm CDT

CNS Canada — The Baltic Dry Index is edging back to levels not seen in over two months, and could be due for more strength, as seasonal trends often see the index rise during the summer and fall. The BDI settled at 694 points on Wednesday, having gained over 100 […]

By Phil Franz-Warkentin

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