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Ocean Freight

Freightos Baltic Index Ticks Up as Transpacific Eastbound Rates Lead Gains

Source: Freightos · 2026-05-04
Summary

The Freightos Baltic Index (FBX) rose 3.2% week-on-week, with transpacific eastbound leading the move. FBX01 (China-East Asia to North America West Coast) gained 5% to $3,418 and FBX03 (to North Europe) advanced 2.4% to $2,910. Freightos noted that sustained frontloading and limited incremental capacity kept rates elevated despite softening spot demand signals, and warned that any disruption to the US-China trade truce could trigger another rate spike.

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