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Get your freight Christmas sweater on (yes, even in April), because the Straits of Hormuz are getting chillyđŸ„. 

We’re diving into why the Hormuz blockade(ish) your ocean rates are staying surprisingly grounded while jet fuel prices are pulling an Artemis II.

Judah explains the "Inverse Crisis Correlation"-  we have so many ships due to overcapacity that even a Middle East blockade can't kick rates into high gear. 

Meanwhile, air cargo is feeling the heat as jet fuel prices double, causing airlines to slash flights faster than my kids lose their left shoes. 

Also...refunds!

The IEEPA refund portal is finally opening, and Uncle Sam owes you some lunch money.

Get the full April monthly deepdive here https://www.freightos.com/logistics-technology-insights/industry-updates/global-freight-outlook-april-2026/

This podcast is a little experiment from Freightos—and may not be around forever—so if you dig quick bites of freight wisdom, let us know. 

For more detailed weekly freight updates delivered straight to your inbox, check out our weekly freight email. Want the freshest freight data on demand? Hit up terminal.freightos.com.