Short- and long-term rates converge on Far East to US routes, offering opportunity for carriers and shippers alike Declining spot rates on the Far East to US West Coast and East Coast ocean freight trades have converged with historically strong long-term rates, presenting business opportunities for both carriers and shippers. …
Read More »Container lines between the Far East and the Mediterranean are increasing
With the entry of the Italian Rif Line into the agone, the overall capacity also increases (however far from the peaks of 2017), while the average capacity of the individual ships is reduced. Cma and Msc strengthen the Europe-Australia route At the end of July 2022, there are twelve weekly …
Read More »Xeneta real-time rates update: week 28
Spot rate developments show fluctuating fortunes for ocean and air freight out of the Far East Prices from Shanghai to the US have collapsed by 32% since the start of the year, While spot rates are sailing in the right direction for ocean freight from the Far East to the …
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