Maxmodal Index February 2026 report

If your cargo is time-sensitive, February just made the choice clearer.

We’ve added transit time into the Maxmodal indices — and the picture changed.

Rail is getting faster.

Sea is getting cheaper.

But they are not converging.

They are diverging.

Rail = speed

Sea = cost

And this is no longer a temporary imbalance.

It’s becoming the new structure of the market.

Full February report