Freight rates continue ‘dizzying ascent’ across all major trades—Xeneta

Long-term contracted freight rates went up 4.1% in April month-on-month and 21.1%…

Shipping rates in Jan up 5.9% from Dec, among historic highs—Xeneta

Global shipping rates showed one of the highest ever monthly rate increases in January 2021, jumping 5.9% from the previous month and up 4.5% year-on-year, with few signs of relief on the horizon, according to Xeneta’s latest XSI Public Indices report.