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Articles on Freight Costs

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CY/CY Term and its Relation to Ocean Freight Costing

By | on Apr 19, 2018 | Freight Costs, Ocean freight

Container shipping has many jargons and abbreviations attached to it. In this article, we will look at one such abbreviation/jargon – CY/CY.

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Should BAF be Included in the Freight Rate or be a Variable fee Updated on a Monthly, Bi-Monthly or Quarterly Basis?

By | on Apr 05, 2018 | Shipping rates, Freight Costs

This is the final part of the Xeneta 11-part FAQ series focusing on key questions related to freight rate benchmarking and procurement. 

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The Biggest Stories From the Global Shipping Industry in 2017 (Part 2)

By | on Dec 27, 2017 | Shipping rates, Market Observations, Freight Costs

This is the second part of our series, "The Biggest Stories From the Global Shipping Industry in 2017". Click here to read part 1. As the 2017 peak season winds down for ocean carriers, a look back fi[...]

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Will Low Sulfur Shipping Fuel Costs Increase Shipping Rates?

By | on Nov 03, 2017 | Shipping rates, Carriers, Freight Industry, Freight Costs

One of the most important events in the world shipping industry was the International Maritime Organization's October 27th, 2016 announcement formally adopting rules to cut the amount of sulfur allowe[...]

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Alert: Q4'17 Short-Term Market Rates Stumbling Below Contracted Rates

By | on Oct 12, 2017 | Carriers, Market Observations, Container Capacity, Freight Costs

If you are starting up your ocean freight RFQs and preparing for the Asia-Europe negotiation period, listen carefully as this is extremely relevant as we close up on year end and enter the RFQ period.[...]

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Understanding Incoterms (International Commercial Terms)

By | on Oct 10, 2017 | Supply Chain, Carriers, Freight Industry, Shipping Requirements, Freight Costs

The Incoterms® (abbreviation of International commercial terms) rules developed by the  International Chamber of Commerce was created as an industry standard to facilitate international trade and for [...]

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How to Avoid Overpaying On Improper Shipping Invoices

By | on Sep 27, 2017 | Shipping rates, Freight Costs

Many firms find themselves struggling today to stay afloat as restrictive bank lending, rising problems collecting receivables, and reduced consumer and business demand have combined to make running a[...]

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The Importance of Freight Cost Benchmarking

By | on Aug 01, 2017 | Benchmarking, Freight Costs

The global shipping environment is rapidly changing, which means that shippers have to stay a step ahead to keep pace. Given that new changes are occurring daily, whether it be an unforeseen obstacle,[...]

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