Global freight conditions remain volatile, with minimal improvement following the Middle East ceasefire and continued disruption across key trade lanes. Carriers are maintaining restrictions, while rising fuel and landside costs are driving another round of rate increases.
At the same time, the Australia–EU Free Trade Agreement has now been finalised, setting the foundation for long-term trade growth, while increasing blank sailings point to tightening capacity conditions in the short term.
This month’s update also covers:
- Rising GRIs and ongoing cost pressure
- Western Sydney Airport’s first international services
- Shifting global congestion and schedule reliability
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