Are you getting the best spot & long-term rates on ALL your trade lanes in this weaker market? Is it time to renegotiate or go to tender in Q4?
The ocean freight market is weakening along with consumer demand, how will you take a competitive stance in this market?
Spot rates nosediving, high levels of blanked sailings and a 20% drop in US ocean freight orders are among the trends we see already in October. As inflation continues to weigh on container shipping and consumer spending, do you know how you will be impacted in Q4 & beyond?
Watch the October State of the Ocean Freight Market webinar, where Xeneta analysts discussed:
How low will spot and long-term rates go as congestion eases?
- Other impacts from the easing of global congestion
- US West vs US East port congestion – current and potential future effects
- How sliding consumer demand is altering the global freight market
- Negotiating/renegotiating in the weaker market
- Current freight rates across major trade lanes