Freight Market

The freight market involves the transportation of goods from one location to another, primarily by trucks, ships, trains, or planes. It functions like an economic indicator, reflecting supply and demand for shipping services. When demand for freight is high, transportation costs increase; when demand drops, costs decrease. Businesses rely on the freight market to move products efficiently, and it plays a vital role in global trade and supply chains. Factors influencing it include fuel prices, economic activity, infrastructure, and seasonality. Overall, the freight market helps ensure goods reach markets timely and cost-effectively.