Insight - Commodity shipping rates are surging and the rally isn’t over

Rising demand for everything from soybeans to steel has sent the cost of hauling dry goods soaring more than 50% this year.

FOR a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

Rising demand for everything from soybeans to steel has sent the cost of hauling dry goods soaring more than 50% this year.