Long-term contracted ocean freight rates fell by 3.6% in January, according to the latest Xeneta Shipping Index (XSI®) Public Indices. Based on crowd sourced data from leading global shippers, the analysis shows the second consecutive monthly rates decline, following a staggering 14 months of consistent increases. As such, despite the dip, contracted rates stand 98.1% …
The post Xeneta Container Rates Alert: Early Dip In Long-Term Ocean Freight Rates Fails To Tarnish Exceptional Year For Carriers first appeared on Hellenic Shipping News Worldwide.