India's port volumes rise 7% YoY in August as freight rates surge 132%: Jefferies

New Delhi [India], September 23 (ANI): India's port volumes rose 7 per cent year-on-year (YoY) in August 2026, while global container freight rates increased 132 per cent from February levels, according to a report by Jefferies. The brokerage said freight rates increased amid tensions in the Middle East, early peak-season shipments and the Chinese Golden Week. "Freight rates rose again amid Middle East tens