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Xeneta’s Shipping Index (XSI®)

Xeneta container rates alert: Long-term ocean freight rates hit two-year low just as record new levels of ships enter the market and overcapacity adds further pressure

by admin July 31, 2023

July 31, 2023 419 views

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta’s Shipping Index (XSI®) showing a fall of 9.5% since June, adding to a…

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