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The Xeneta platform calls upon more than 400 million crowdsourced data points to allow buyers and sellers of ocean and air freight to benchmark rates...

"Businesses who locked into long-term contracts at lower end of 2023 prices could be first to suffer if market turns"

"With little sign of change ahead, this will be a challenging year for the carriers."

46% customers considering sustainability in their procurement strategies for 2023

Largest month-on-month decline recorded since the launch of XSI in 2019

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

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

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

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

July's increases slowest since January with upward pressure on long-term deals easing as spot rates decline.

Year-on-year, the benchmark has appreciated 170 percent and is up 71 percent since the end of 2021.

Rates are now up 150% year-on-year. Costs have increased 55% in 2022.