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Ocean freight rates peaked in early July, then softened as US tariff action bit
Drewry's World Container Index hit a 22-month high of $4,639/FEU on 9 July 2026, then fell to $4,255/FEU by 30 July as demand softened following new US tariff measures.
newsTyphoon aftermath, Andean snow closure and low Rhine levels hit trade lanes concurrently
Kuehne+Nagel's weekly operational report for 22-28 July 2026 recorded simultaneous disruption across Chinese ports (Typhoon Noul aftermath), the Chile-Argentina Los Libertadores crossing (snow closure), and low water on the Rhine and Danube.
newsPeru's H1 2026 agri-exports up 5%, against a forecast strong El Niño for the 2026/27 season
Peru's agricultural exports reached $5.4 billion in H1 2026, up 5% year on year, led by avocados, grapes and blueberries, against forecasts of a strong coastal El Niño developing into early 2027.