Schreiber: Shipping prices are up 200% to 250%+ year-over-year on FBX
Zvi Schreiber · Freightos Grows GMV 800%, Exits COVID Stronger Than Ever · Jun 25, 2021 · at 6:00
Zvi Schreiber describes the unprecedented surge in global shipping rates and Freightos' benchmark pricing index (FBX) in mid-2021.
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“Shipping is breaking new records of volumes and prices as we speak. We track that. We also provide the data feed for daily shipping prices. It's called the FBX index, and that's being quoted a lot in the press at the moment because those prices are up 200 and, depending on the routes, 250% or more year on year.”
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