16/08/2026
MCL Global Freight Briefing: August 2026
Each month I share a short, honest read on what I see happening in global freight. Here is the picture for August 2026.
Rates are easing: but read that carefully
The Drewry World Container Index fell to $4,255 per 40ft container on 30 July, a third consecutive weekly decline after peaking at $4,639 in early July. Broadly positive for importers, but carriers are managing capacity carefully. Drewry is tracking 58 blank sailings on major east-west trades between early August and early September. The rate you see and the space you can actually book are two different things right now.
Fuel surcharges
Multiple carriers have announced Emergency Fuel Surcharges effective August 2026, linked to Hormuz uncertainty and Cape of Good Hope rerouting costs. Real, industry-wide charges (significantly smaller than COVID-era surcharges) but a genuine component of landed costs.
Australian ports
Congestion at Brisbane, Sydney, and Melbourne remains elevated, berth waits of up to five days reported. Estimated arrival dates and actual cargo release dates are not the same thing at the moment. Build buffer into delivery timelines for the next six to eight weeks.
The domestic picture
The Federal Government fuel excise reduction expired 3 August, adding upward pressure on domestic transport costs for the rest of the year.
The practical message
Stable does not mean simple. Blank sailings, active surcharges, port congestion, and rising domestic costs mean shipments need careful management right now. If you have cargo moving in August or September and want a clear read on your specific lanes, I am happy to have that conversation directly.
Stuart McLintock
Director, MCL Global Forwarding
mclglobal.com.au