SUMMARY

Air Freight: The Baltic Air Freight Index (BAI00) edged down -0.9% week-over-week through June 12, yet remains elevated with year-on-year gains exceeding +32% on most corridors, driven by ongoing supply chain adjustments following the Strait of Hormuz disruption and sustained demand growth.

Ocean Freight: The Drewry World Container Index (WCI) rose 3% to $3,549/40ft container for the week of June 11, with transpacific rates surging — Shanghai to New York up 7% to $5,870/40ft — as shippers accelerate bookings ahead of anticipated July tariff actions and FIFA World Cup cargo demand.

Trucking: Spot rates softened modestly week-over-week with dry van at $2.74/mile (-$0.01) and reefer at $3.05/mile (-$0.01), while flatbed strengthened to $3.30/mile (+$0.01); load-to-truck ratios remain near historic highs at 12.92 (van) and 87.22 (flatbed).

SUMMARY

Air Freight: The BAI00 global air freight benchmark gained +2.8% week-over-week as of June 1 and remains +32.7% year-on-year, driven by the Strait of Hormuz closure diverting cargo to air and early peak-season pull-forward from Asia.

Ocean Freight: The Drewry World Container Index rose 3% to $2,800/40ft as of May 28, with Transpacific (Shanghai-NY +6%) and Asia-Europe (Shanghai-Genoa +4%) leading gains; peak season demand is arriving earlier than usual, driven by a July 1 bunker adjustment deadline.

Trucking: North American spot trucking rates are firming: dry van at $2.68/mile, reefer at $3.12/mile, and flatbed at $3.60/mile; the van load-to-truck ratio surged to 12.92 from 7.2 in April, signaling a tightening capacity environment.

Reno, Nev. – BTX Global Logistics celebrated the new ownership of its Reno, Nevada, branch with a ribbon-cutting ceremony held recently. Members of the BTX team, the local community, and the Chamber of Commerce gathered for the event.

BTX Global Logistics is pleased to announce two key promotions within the Corporate Management level of the organization in the Sales and Operations departments. Founded in 1980, BTX is a worldwide provider of transportation and logistics services with 42 regional branches strategically located across North America.

EL PASO, TX – BTX Global Logistics celebrated the grand opening of its new logistics branch in El Paso, Texas, with a ribbon-cutting ceremony held on Wednesday, March 26 of 2025. Members of the BTX team, the Chamber of Commerce and the business community gathered for the event.