Why Spot Rates Don’t Tell the Whole Story

Spot rate indices are surging, but what are shippers actually paying? 

In this episode, Lars Jensen joins from Sicily (yes, right next to an erupting volcano) to unpack why the NYFI freight index is diverging from traditional benchmarks like the SCFI. Caroline and Lars explore how quote-based indices can mislead, what’s really happening on the ground, and why South America’s demand boom is quietly reshaping capacity flows. Plus, they discuss how upcoming tariff shifts, port disruptions, and demand front-loading could whiplash the market by August. 

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