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Ocean cargo volumes could fall by up to 2.5% & weak demand will force increased idling of vessels

Carriers are scrambling for volumes they can get; backhaul shippers having easier time getting their volumes on board.

Global airfreight spot prices fell below last year's level for the second month in a row in October. The slight increase in week 3 was mostly due to...

Deliveries of new ships expected to outpace demand next year indicating a continued fall in freight rates

43% Xeneta customers anticipate disruption but no major issue even if carriers blank 50% of all scheduled sailings.

"Volumes are still healthy & there are far more carriers carrying far more TEUs than ever."

Halcyon days of ever-increasing rates for carriers may be drawing to a close: Xeneta

Carriers have upped the number of blanked sailings in response to the collapsing spot rate

Investment to fund expansion of Xeneta’s container shipping & air cargo market analytics platform

After -8% and -9% year-on-year falls in demand in June and July 2022, August volumes were a more modest -5% adrift of the August 2021 level, and -4%...

Carriers remain on course for another bumper year of profits despite uneven demand and supply chain issues.

Avg spot rate for Xeneta’s top 13 trades was $450/FEU lower than avg spot rate last year as of August 30, 2022.