November 2021

Container Rates Alert: “Astronomical” Monthly Hike Pushes Long-Term Ocean Freight Rates Up 121% Year-On-Year

Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. The latest developments, revealed in the Xeneta Shipping Index (XSI®)…

Container Rates Alert: “Astronomical” Monthly Hike Pushes Long-Term Ocean Freight Rates Up 121% Year-On-Year Read More »