IDAHO WHEAT COMMISSION

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Rising Ocean Freight Rates Pushed By Uptick in Fuel Costs, Chinese Demand

In a series of articles on U.S. supply chain transportation, we have explored the importance of barging and rail on U.S. wheat exports and how they contribute to the reliability of the U.S. marketing system. Barging and rail account for 89% of all U.S. wheat export shipments. After traveling through the inland logistics system, on average, 90% of all U.S. wheat is exported via maritime transportation routes. Ocean freight is pivotal in wheat exports as the primary mode of transporting U.S. wheat to importers worldwide.

Read more about ocean freight rates here