Xeneta analysis

Supply Chains Around The World Might Be At Serious Risk!

Credit: Ian Simmonds/Unsplash

Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024, sources Xeneta. 

Unsustainable Market Conditions

Oslo-based Xeneta has carried out in-depth analysis of the latest ocean freight rates and branded the current market as unsustainable. Xeneta CEO Patrik Berglund said: “The cost of moving goods by sea has plummeted during 2023 by almost 60% for long term contracts on a global level and some...

https://mfame.guru/supply-chains-around-the-world-might-be-at-serious-risk/

Latest GRI Moves Trigger An Upward Surge In Spot Rates

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Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from carriers, says an article from Xeneta.

Fighting For Control

The news, revealed by Oslo’s Xeneta, provides welcome relief for a segment that has been “up against the ropes” for much of 2023, fighting against declining demand and volumes, married to escalating overcapacity and continuing economic uncertainty....

https://mfame.guru/latest-gri-moves-trigger-upward-surge-in-spot-rates/