The Xeneta Ocean iXRT provides an overview of market movements, the key risks and issues to be aware of and insight on how these may develop in the coming weeks and months.
Topics covered in this iXRT Report include:
- Uptick in spot rates on the transpacific comes to an end
- Global average spot rates have reached their lowest level since 2023
- Spread between spot and long term rates narrowing significantly
- Carriers making changes to their networks ahead of USTR port fees
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