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Xeneta Shipping Index (XSI®) August 2023: 12 Months of Downturn: Long-Term Ocean Freight Rates Dive Over 60%, While a Potential Market Shift Looms

August 2023 Xeneta Shipping Index (XSI) witnesses ongoing ocean freight rate decline. Carriers grapple with contract challenges amid weak demand and rising capacity, as a looming market shift adds uncertainty to long-term rates.

Xeneta Shipping Index (XSI®) August 2023: 12 Months of Downturn: Long-Term Ocean Freight Rates Dive Over 60%, While a Potential Market Shift Looms

Featured Resource

Weekly Container Rate Update Week 38’23 | Shifting rate spreads, volumes, and strategies are at play in the battle between US West and East Coast ports

How should shippers approach the big coastal conundrum? Shifting rates, volumes, and strategies battle between US West and East Coast ports.

Weekly Container Rate Update Week 38’23 | Shifting rate spreads, volumes, and strategies are at play in the battle between US West and East Coast ports

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Xeneta In the News | Freight Rates Increase, Shanghai Lockdowns, Looming Recession & More

Blog | Xeneta In The News

Xeneta In the News | Freight Rates Increase, Shanghai Lockdowns, Looming Recession & More

Xeneta In the News | Container Shipping's Biggest Challenges & Importance of Shipper-Carrier Relationship

Blog | Xeneta In The News

Xeneta In the News | Container Shipping's Biggest Challenges & Importance of Shipper-Carrier Relationship

Xeneta In the News | Container Rates, Volumes And Capacity All Show The Shift Towards The East Coast

Blog | Xeneta In The News

Xeneta In the News | Container Rates, Volumes And Capacity All Show The Shift Towards The East Coast

Xeneta In the News | Impact of Supply Chain Disruptions Caused by Chinese Lockdowns & Ongoing Port Labor Talks

Blog | Xeneta In The News

Xeneta In the News | Impact of Supply Chain Disruptions Caused by Chinese Lockdowns & Ongoing Port Labor Talks

Xeneta In the News | Airfreight Rates Soften While Long-Term Ocean Freight Rates Reach New Highs

Blog | Xeneta In The News

Xeneta In the News | Airfreight Rates Soften While Long-Term Ocean Freight Rates Reach New Highs

Xeneta In the News | Impacts of Shanghai Shutdown And US Port Congestion on Freight Rates

Blog | Xeneta In The News

Xeneta In the News | Impacts of Shanghai Shutdown And US Port Congestion on Freight Rates

Xeneta In the News | Impact of Lockdowns, Extreme congestion & Sanctions On Global Freight Market

Blog | Xeneta In The News

Xeneta In the News | Impact of Lockdowns, Extreme congestion & Sanctions On Global Freight Market

Xeneta In the News | Developing Situation In Ocean and Air Freight Market Due to Ukraine Crisis and Covid 19 in China

Blog | Xeneta In The News

Xeneta In the News | Developing Situation In Ocean and Air Freight Market Due to Ukraine Crisis and Covid 19 in China

Ukraine War Effect on Shipping Rates | Xeneta in the News

Blog | Xeneta In The News

Ukraine War Effect on Shipping Rates | Xeneta in the News

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