Europe's Scorching Heat Crisis Hurts Freight Industry

Low water on the Rhine has doubled barge freight costs and forced tankers to load at a fraction of capacity, tightening how refined products like diesel move from the ARA hub into Germany, Switzerland and France. Marco Saggese, Vice President of Clearing and Execution Sales at StoneX, explains why this looks more like a logistics squeeze than a genuine crude shortage. View his full report at in the related video.