The warning signs were already there, but the latest data from Oslo’s Xeneta suggests 2024 could be even more brutal than expected for carriers in the ocean freight shipping market, says an article published on xeneta website.
Global Warning SignsOslo’s Xeneta reveals alarming data, suggesting a potentially harsh 2024 for ocean freight carriers. The Xeneta Shipping Index (XSI®) dropped 4.1% in November, standing at 158.5 points, marking a significant 62.3% decline from November 2022.
Financial...https://mfame.guru/container-freight-market-faces-bleak-2024/