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June 2022 WEBINAR
State of the Ocean Freight Market

Are we heading into a global recession, and what would that mean for ocean freight rates?

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State of the Ocean Freight Market | June 2022

Are we heading into a global recession, and what would that mean for ocean freight rates? 

There is growing concern that with a drop in the stock market and European demand sliding, we may be moving toward a global recession.  

Spot rates across many trade lanes have decreased massively since the start of 2022, some up to 30-45%. In contrast, long-term rates remain at record-high levels, leaving many shippers with contract rates above what they would be able to get on the spot market. 

What does this growing tension mean for ocean freight rates in June 2022 and beyond? 

Watch now and join Peter Sand, Chief Analyst at Xeneta, and Jan Hoffmann, Head Trade Logistics Branch at UNCTAD, as they discuss how these global events are having huge impacts on the ocean freight market, and how data is key in navigating your procurement. 

You’ll learn: 

  • Spot rates down 30% on many major corridors, how far will they go? 
  • Peak inside Xeneta data on short- and long-term rate trends  
  • Expert insight on schedule reliability and capacity challenges  
  • Identify potential savings opportunities and improve long-term strategies 


Watch now to start your journey toward data, not gut, -driven decisions that empower your ocean freight procurement.
 

 

Speakers:

peter sand 300 px  Peter Sand
  Chief Analyst 
  XENETA

 

Jan Hoffman  Jan Hoffmann
  Head Trade Logistics Branch
  UNCTAD

 

Xeneta powers strategic freight procurement at some of the world's leading companies on airfreight