Xeneta container rates alert: shippers stunned as long-term rates surge by almost 30% in a month

HongKong, China - November 2019: Stacked shipping container on freight harbour logistics centre in Hong Kong

July saw the container shipping industry enter uncharted water, as long-term contracted rates surged by their largest ever monthly increase, climbing by close to one third. According to the latest Long-Term XSI® Public Indices from Xeneta – which crowd sources real-time rates data from leading shippers – the global index recorded a staggering jump of… Continue reading Xeneta container rates alert: shippers stunned as long-term rates surge by almost 30% in a month

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