12
Mar

FBX Index March 2025: Global rates ease following Lunar New Year as impact of US tariffs looms

The Freightos Baltic Index Global benchmark eased 25% month on month in February to $2,755/FEU as demand decreased post Lunar New Year. However, the global rate remains 80% higher than 2019 levels due to Red Sea diversions that continue to absorb capacity across the market. Asia–Mediterranean rates fell 19% month on month to $4,129/FEU, while …