A turning point for the ocean freight industry?

Peter Sand, chief analyst, Xeneta

Source: Xeneta

The ocean freight industry may have turned a corner after a full year of plummeting rates

According to data from market analyst, Xeneta, September saw an increase of 0.2% in global long-term contracted rates, halting a year-long decline wiping 62.2% off market prices since August 2022.

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