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Freight Rates • Rates have dropped for the past three months from their peak in July. But are now picking up again post-Golden Week. • Carriers plan to implement rate hikes in November, but the sustainability of higher rates is uncertain as carriers have not adjusted capacity to match lower demand during the slack season.
Ocean freight container spot rates have surged on major trading routes since May, indicating an early arrival of the peak season in 2024. Emily Stausbøll, Senior Shipping Analyst at Xeneta, attributes this to heightened demand, ongoing diversions in the Red Sea, and lingering effects of port congestion during the pandemic.
3 ημέρες πριν · Looking ahead to 2025, the global ocean freight market shows no signs of slowing down. From ongoing disruptions in the Red Sea and the Panama Canal, to broader geopolitical tensions and shifting global trade patterns, shippers face more complexities than ever: New potential U.S. tariffs on Chinese goods could drive up freight rates; businesses ...
22 Αυγ 2024 · Tracking key metrics for air, sea, road and warehousing to map expectations for freight rates, costs, volume and capacity changes.
31 Ιαν 2024 · Ocean rate increases, while significant, are nowhere near pandemic surge levels. During the peak of COVID-19 rate increases, rates on 40-foot containers from Asia to North Europe and the Mediterranean jumped to about $15,000, while rates from Asia to North America surpassed $20,000.
4 Δεκ 2023 · “Supply is forecasted to grow at an average annual rate of 8.4% between 2023 and 2025. Even at the best of times, ship demand would not see similar growth. Our forecast therefore predicts that the weakening that began in 2022 and took hold in 2023 will continue also in 2024 and 2025,” read the international shipping association’s report.
28 Ιουν 2024 · Container freight rates - statistics & facts. Container freight rates have increased substantially on most trade lanes in the past three years amid the COVID-19 pandemic. Based on aggregated...
