Lockdowns, extreme congestion, sanctions are contributing to what may be a disastrous Q2 for ocean shipping. Things have gone from bad to worse for citizens and supply chains/logistics as the lockdown continues in Shanghai and sharply rising congestion on US East Coast keeps the long-term and spot rates at their current high level.
Here is the April 2022 issue of 'Xeneta Monthly Newsletter' to keep you informed of the most up-to-date information on ocean and air freight rate development and related industry news.
State of The Market Ocean Freight | On-Demand Webinar
The Ripple Effects of Chinese Lockdowns & US Port Congestion on Ocean Freight Rates
With low schedule reliability on transatlantic trades, learn what should be top of mind for shippers involved in US trades. Find out why shippers need to benchmark now to plan for Q2/Q3 in 2022 as capacity is not expected to ease until the first half of 2023. Watch our State of the Ocean Market webinar to understand how the events below may impact your tender and procurement strategies.
State of The Market Air Freight | On-Demand Webinar
Major Impacts Of The Shanghai Shutdown And The War In Ukraine On The Air Freight Market
With no definitive end to the shutdown in Shanghai, and other airports simply cannot face all the demand, how will freight pricing be impacted in China?
Join special guest Tjalling Boonstra, Director of Pricing and Procurement Air EMEA at Nippon Express, Paul Mullins, Xeneta CRO, and Niall van de Wouw, Xeneta Chief Airfreight Officer, for this month's episode on ‘State of the Air Freight Market’ and analyze how recent events impact the market.
Seasoned Technology Executive Bridget Shea Joins Xeneta As Board Member
We are excited to welcome our newest board member, Bridget Shea, who will help us steer Xeneta towards continued and sustainable growth. Shea’s experience includes decades of leading sales and customer success teams for large technology brands such as Salesforce and is also known for her advisory roles at data analytics firms Dataiku and Heap.
The global XSI ® rose by an additional 11.1% in April to 294.44 points. This represents the third consecutive month-on-month increase after a temporary decline reported at the start of 2022. Compared to the equivalent period last year, the index is up by 109.9% and has increased by 19.1% since the end of 2021.
With this brand new weekly LinkedIn LIVE series, we bring you timely market commentary every Thursday at 14:00 CET so that you can anticipate any upcoming changes or disruptions and react faster to the ever-changing market conditions.
The global freight market has been through its most dynamic period ever in the last two years. This has heightened demand for more timely data to help companies deal with this volatile time in an informed manner. Find out how top industry voices are using Xeneta data to understand the market.
Access Xeneta's Vast Library of On-Demand Webinars & Market Reports
Browse through the Xeneta community resources to access all our on-demand State of the Market Webinars, Xeneta Newsroom and Product tours. Our timely market analysis reports are developed by ocean and air freight market experts so you don't have to spend countless hours deciphering the market news.