Ocean freight rates have exploded since the beginning of the year. The rate from the Pacific Northwest to Japan was $43 per metric ton in late June. That’s 76 percent more than at the start of the year and 110 percent more than in the same period last year. Freight rates out of the Gulf are experiencing a similar increase.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.