Long-term contracted ocean freight rates continued their ascent through June, although not with the dizzying trajectory witnessed in recent months. May’s 9% surge in prices eased back to a 2.3% gain in June. However, the latest figures, detailed in Xeneta’s Long-Term XSI® Public Indices, mean rates now stand a staggering 39.2% up year-on-year (having risen …
The post Xeneta Container Rates: Increase Slows, But Still No Relief In Sight For Global Shippers first appeared on Hellenic Shipping News Worldwide.