Ocean Freight Rates Remain Steady as Carriers Balance
The carrier segment appears to be negotiating the coronavirus storm with some success safeguarding its vital long-term ocean freight rates reports Xeneta in its latest XSI® Public Indices report which tracks the ocean freight market based on crowd-sourced data from leading shippers.
Contracted rates are seen holding comparatively steady while spot rates have actually been rising from April and through May and June.
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