Long-term contracted ocean freight rates continued their ascent through June, although not with the dizzying trajectory witnessed in recent months. May’s 9% surge in prices eased back to a 2.3% gain in June. However, the latest figures, detailed in Xeneta’s Long-Term XSI® Public Indices, mean rates now stand a staggering 39.2% up year-on-year (having risen… Continue reading Xeneta container rates alert: increase slows, but still no relief in sight for global shippers