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Freightos Global Freight Outlook – May 2024

Ocean logistics continue to contend with Red Sea diversions alongside signs of unseasonal increases in demand, while the ongoing surge in B2C e-Commerce air cargo volumes out of China is putting pressure on capacity and rates.  In our May Freight Market Outlook we explore how ocean and air logistics are being impacted, and what to expect in the weeks and months ahead. 

In this concise, data-driven video update, Judah Levine, Freightos’ Head of Research, shares insights on the current trends and provides the latest data on freight rates, capacity changes, and demand levels and projections for the rest of the year.

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