Articles tagged under: freight rates
Ocean Freight Rates Surge Higher
Published October 14, 2021
In the third quarter, ocean freight rates for bulk commodities, including grain, were at the highest level in 13 years. To ship grain from the Pacific Northwest to Japan, the rate was $44.56 per metric ton. That’s up 16 percent…Freight Rates Surge Higher
Published July 1, 2021
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…Freight Rates Decline as Grain Demand Softens
Published May 30, 2021
Basis bids are weakening as demand for grain eases. Based in Harvey, North Dakota, Arthur Companies General Manager Brentt Roberts says freight rates are also showing signs of weakness. "We've seen things backing off and the number of trains running…Trucking Issues Continue in Brazil
Published September 6, 2018
The Brazilian government has raised the minimum truck freight rates by an average of five percent. The government stepped in with a plan to address freight rates to end a trucker strike in late May. Brazilian farm groups are upset,…