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Association & Institute Long-term contracted ocean freight rates have fallen for the second consecutive month, experiencing a year-on-year decline of 1.3%, reflecting the ongoing impact of the Coronavirus on the global economy. The XSI® Public Indices report from Xeneta reveals a 1.8 decrease in rates in June, following a 1.2 decline in May. Despite remaining historically high, the carrier segment has seen a 0.2
Maritime
Ocean Freight Carriers Face Grim Outlook as Xeneta Shipping Index Continues Decline
01 Dec 23
