Don’t Chase That Final Dollar: Warning to Shippers Delaying Signing New Contracts
Shippers delaying signing long-term contracts in the belief that the market could soften in their favour have been warned by Xeneta’s chief analyst, Peter Sand, not to “chase the final dollar.”
Air Cargo’s ‘Surprisingly Strong’ Start to 2024 Continued in February with Another Double-Digit Rise in Demand and Rates Boost
The global air cargo market’s surprisingly positive start to 2024 continued in February with a second consecutive month of double-digit growth in demand and an uptick in general freight spot rates, according to Xeneta’s latest weekly market analysis.
Red Sea Crisis Drove Shipping Rates Up Faster than COVID, But Some Are Falling
The Red Sea crisis is resulting in faster rate increases than the start of the COVID-19 pandemic.
Asia-U.S. Spot Rates Top Contract Rates for First Time Since 2022
Shipping lines have been in the red in the trans-Pacific trades for months. They may have just inched back into the black again, courtesy of the rise in spot rates over the past five weeks.
