Xenata co-founder and CEO Patrik Berglund said providing ocean freight rate transparency is more important now than ever.
“In today’s [pricing] market, this spread is the most I’ve ever seen in my entire career. In this industry, it’s flabbergasting to see that. We have a market where you can find a $15,000 rate and then at the same time, we have customers moving for $2,500. That is just insane to see,” Berglund told FreightWaves.
“Let’s say you have a low-value commodity. If you have a...