Ocean Freight Rate Tracker: Q2 2024

Continued fall in global freight rates despite Red Sea crisis. Download the Q2 2024 Ocean Freight Rate Tracker report to understand freight rate expectations for 2024. Q2 data shows that:

  • Since January 2024, freight rates have fallen markedly.
  • April 2024 global headhaul rates were 15.7 points below their January 2024 level.
  • Rates on major shipping lanes fell an average of 5.9% in March 2024.
  • There is an upward trend in global volumes.


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