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LA Port June volume strongest in a year
13 July 2023 2:54 PM ISTPort of Los Angeles moved 833,035 TEUs in June, its best performance since last July
Global airfreight spot rate fell 40% YoY in May, lowest since Mar 2020
7 Jun 2023 8:00 PM ISTShippers are the dominant players in the market right now, as freight forwarders and airlines are nervous of missing/losing the volumes that are...
Xeneta: 71% customers have returned to annual contracts
10 March 2023 11:47 AM ISTWhile 13% are negotiating for 3-6 months, 10% are continuing to use only the spot market
XSI continues decline at slower pace
1 March 2023 3:30 PM ISTXSI for U.S. exports hits an all-time high in February, zooming 16.5% to 179 points
Xeneta's CEI increases in Q42022 on Far East-US West Coast lane
25 Feb 2023 6:57 PM ISTBest 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 10:00 AM ISTJanuary 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 4:15 PM IST"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 12:22 PM ISTAfter 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 1:13 PM ISTBlanked 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 3:58 PM IST"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 1:00 PM IST46% customers considering sustainability in their procurement strategies for 2023
Ocean freight rates may be in for another spin: Xeneta
14 Dec 2022 12:25 PM ISTCapacity parked on the ocean earlier is now being applied again, which is putting pressure on the market