- Uncertain outlook as ocean freight rates fall and carriers respond.
- Rates fell for the second consecutive month as the ramifications of coronavirus continue to impact the global economy.
- Based on crowd-sourced data from leading shippers, Xeneta reports that rates are now down over one percent year-over-year.
The outlook for long-term contracted ocean freight rates continues to look weak based on data from the shipping industry and economic forecasts according to the latest XSI Public Indices...
https://mfame.guru/ocean-carriers-respond-amid-erratic-freight-rates/