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Xeneta's CEI increases in Q42022 on Far East-US West Coast lane
25 Feb 2023 1:27 PM GMTBest performing carrier was HMM, scoring 27% better than the trade lane average
LA/LB Ports witness declines in Jan; rates continue plunge
20 Feb 2023 4:30 AM GMTJanuary 2023 imports declined 13% to 372,040 TEUs at Port of Los Angeles, down 32% to 263,394 TEUs at Port of Long Beach
Xeneta Shipping Index drops 13%, sharpest MoM drop
31 Jan 2023 10:45 AM GMT"With little sign of change ahead, this will be a challenging year for the carriers."
2M split: Container shipping heading for turmoil
26 Jan 2023 6:52 AM GMTAfter controlling 35% capacity, the 2M alliance partners will now fight for market share and the same set of customers
More blanked sailings ahead of Chinese New Year: Xeneta
12 Jan 2023 7:43 AM GMTBlanked sailings from Asia to U.S. West Coast more than six times higher than weeks leading up to holiday in 2019
Carriers losing control of the market: Drewry
5 Jan 2023 10:28 AM GMT"Spot rates have continued to fall on a weekly basis, rapidly closing in on five-year 2015-19 averages."
Xeneta customers abandoning long-term contracts
24 Dec 2022 7:30 AM GMT46% customers considering sustainability in their procurement strategies for 2023
Ocean freight rates may be in for another spin: Xeneta
14 Dec 2022 6:55 AM GMTCapacity parked on the ocean earlier is now being applied again, which is putting pressure on the market
Long-term contracts continue to be expensive, says Xeneta
8 Dec 2022 6:07 AM GMTAvg long-term rate for contracts entering validity in past three months at least $1,900/FEU higher than avg spot rate
85% customers see decline in 2023 ocean freight spend: Xeneta
28 Nov 2022 10:30 AM GMT42% customers expect ocean volumes to be stable/consistent with 2022
Asia-U.S. West Coast avg spot rate down 85%
25 Nov 2022 4:30 AM GMTAfter drop in spot rates, spread between high & low rates from South East Asia to the U.S. has collapsed: Xeneta
Xeneta forecasts falls in freight rates, volumes for 2023
24 Nov 2022 4:00 AM GMTOcean cargo volumes could fall by up to 2.5% & weak demand will force increased idling of vessels