Tags Xeneta

Tag: Xeneta

Industry Opinions

Xeneta: Carriers drive up ocean freight rates on main Far East to USWC trade with savvy capacity cuts

Container News Team - September 7, 2023 0

After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade,...

Industry Opinions

Latest data is ‘a wake-up call’ for shippers, as Xeneta argues now is the time to negotiate long-term rates

Ioanna Kontos - August 24, 2023 0

Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking...

Industry Opinions

Amid record-low Transatlantic trade rates, shippers must seize opportunities before market rebounds: Xeneta

Container News Team - August 17, 2023 0

Spot rates on the Transatlantic front haul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta's platform...

Industry Opinions

Spot rates rally on key Far East trade lanes after latest GRI moves: Xeneta

Ioanna Kontos - August 10, 2023 0

Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs)...

Industry Opinions

Long-term ocean freight rates hit two-year low just as record new levels of ships enter market and overcapacity adds further pressure: Xeneta

Ioanna Kontos - August 1, 2023 0

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta's Shipping Index (XSI®) showing a fall of...

News

Xeneta raises US$80 million to fuel expansion into new markets

Container News Team - September 13, 2022 0

Ocean and air freight rate benchmarking and market analytics platform, Xeneta announced a US$80 million investment at a US$265 million valuation led by funds...

Long-term freight rates for Australia and New Zealand imports hit record levels

Antonis Karamalegkos - July 22, 2022 0

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of...

Rates & Surcharges

Xeneta CEO, Berglund: “It’s a position of power the carriers have no desire of relinquishing”

Container News Team - April 29, 2022 0

April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up...

Xeneta reports 100% increase in long-term container freight prices

Container News Team - April 1, 2022 0

Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year, according to a report from the ocean and...

Global container carriers thrive despite signs of rate decline

Container News Team - February 8, 2022 0

The latest Xeneta Shipping Index (XSI) Public Indices Report has shown the decline of 3.6% in long-term contracted ocean freight rates in January fails...

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Tag: Xeneta

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