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Market Updates

Cello Square quickly deliver latest freight forwarding news and shipping market trends.

Source : FreightWaves
Market UpdatesGlobal News
Air freight rates expected
to spike as Iran war escalates

As the Iran war escalates, the Middle East is being blocked, air and ocean transport are disrupted, war surcharges are being imposed, and upward pressure on freight rates is increasing.

2026-03-03 More
Source : FreightWaves
Market UpdatesGlobal News
U.S.-flag bulk tanker
attacked in Bahrain

Amid Iran’s blockade of the Strait of Hormuz, a U.S.-flagged merchant vessel anchored at the Port of Bahrain was struck, further escalating maritime tensions in the Middle East.

2026-03-03 More