Xeneta on modal shift in freight transport – and “astronomical” long-term container freight rate hike in November, up 121.2% y-o-y

Xeneta on modal shift in freight transport – and “astronomical” long-term container freight rate hike in November, up 121.2% y-o-y

“Astronomical” monthly hike pushes long-term ocean freight rates up 121% year-on-year

https://www.xeneta.com/news/container-rates-alert-astronomical-monthly-hike-pushes-long-term-ocean-freight-rates-up-121-year-on-year

Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave...

https://allaboutshipping.co.uk/2021/11/30/xeneta-on-modal-shift-in-freight-transport-and-astronomical-long-term-container-freight-rate-hike-in-november-up-121-2-y-o-y/