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2024 has been a year characterised by shippers’ extensive frontloading and ensure enough goods were on inventory.

Model leverages 500+ million data points, combined with 20+ parameters such as fleet data & macroeconomic factors.

Deal to help shippers, freight forwarders and carriers to correlate transit times directly with rate fluctuations.

ILA and USMX have only 100 days to reach an agreement on automation.

"Consequences will be severe, not only through congestion at U.S. ports but ships will be delayed for the next voyage."

Xeneta Shipping Index (XSI) reached 151.5 points in July, a MoM increase of 2.5%

"It is also a case that the lower end of spot market will eventually increase as an overall market spike progresses."

Importing goods on Far East-Europe trade using the spot market now costs an additional $6.97mn/1,000 containers shipped

2024 has seen record-breaking numbers of new ships delivered but overcapacity previously expected has not materialised

Strike threats at U.S. East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains

"Container vessels, which make up ~1/3 of arrivals, have experienced longer waiting time due to more vessels arriving."

Spot rates to reach level we haven’t seen since 2022 when Covid-19 pandemic was still wreaking chaos: Peter Sand, Xeneta