Freight rates from Asia spike by 53% amid Red Sea crisis Freight rates from Asia spike by 53% amid Red Sea crisis
THURSDAY, DECEMBER 28, 2023
Freight rates from Asia have spiked by 53 per cent in a month depending on the route plus container shipping giants and oil super major British Petroleum having halted transit via the Red Sea-Suez Canal route after the attacks, the latest Freightos data said.