{"id":9484,"date":"2024-05-13T20:59:30","date_gmt":"2024-05-13T20:59:30","guid":{"rendered":"https:\/\/axxessintl.com\/a-carrier-controlled-market-as-spot-rates-rise-and-capacity-tightens\/"},"modified":"2024-05-13T20:59:54","modified_gmt":"2024-05-13T20:59:54","slug":"a-carrier-controlled-market-as-spot-rates-rise-and-capacity-tightens","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/a-carrier-controlled-market-as-spot-rates-rise-and-capacity-tightens\/","title":{"rendered":"A ‘Carrier-Controlled Market’ as Spot Rates Rise and Capacity Tightens"},"content":{"rendered":"

\u201cYou take away all sense and rationale. And whatever is left, is the container shipping market,\u201d said Peter Sand, Xeneta\u2019s chief analyst, on Friday.<\/p>\n

The continuing Red Sea crisis, in combination with higher-than-expected demand, caught many forwarders on the back foot over the past two weeks, and last week the spot freight rate indices began to match anecdotal trade reports.<\/p>\n

Spot rate rises were strong on the Asia-North America trades, with the XSI transpacific trade rising 145%, to $3,754 per 40ft, while the WCI Shanghai-New York leg showed a 116% jump, to finish the week at $5,089 per 40ft.<\/p>\n

Read more in an article from The Loadstar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cYou take away all sense and rationale. And whatever is left, is the container shipping market,\u201d said Peter Sand, Xeneta\u2019s chief analyst, on Friday.<\/p>\n","protected":false},"author":15,"featured_media":3143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1152,885],"types-de-nouvelles":[],"class_list":["post-9484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-peter-sand-en","tag-xeneta-en"],"yoast_head":"\nA 'Carrier-Controlled Market' as Spot Rates Rise and Capacity Tightens - Axxess International<\/title>\n<meta name=\"description\" content=\"\u201cYou take away all sense and rationale. And whatever is left, is the container shipping market,\u201d said Peter Sand, Xeneta\u2019s chief analyst, on Friday. 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