Since COVID-19 hit the world, the container freight industry has seen many unprecedented situations. We are taking the news day by day and using the power of data to stay up to date on what's happening in the market.
As we close the month of May, this update focuses on today's freight rate vs. 3 months ago.
Watch the 7 minute video for global short-term container freight market developments - Including an extra deep dive into Far-East to North EU and Far-East to US West Coast.
Read Xeneta Shipping Index (XSI®) for a complete indication of the global market movements in the container shipping industry.
Long-Term Freight Rates - Access May XSI Report Here