Spot Rates

24 Nov Spot Rates Sink To Pre-Pandemic Levels

Posted at 19:41h in Spot Rates by susan pop 0 Comments

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Ocean freight spot rates have fallen to levels not seen since before the COVID-19 pandemic. Whilst this decline in shipping costs might be perceived as positive news, it also reveals significant structural challenges and heightened competition that could potentially impact service reliability across global supply...

27 May Spot Rates Rise As Tariffs Pause

Posted at 22:36h in Spot Rates, Tariffs by susan pop 0 Comments

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Spot rates rose in the eastbound trans-Pacific in response to the significant increase in cargo during the 90-day reprieve between China and the USA. Whilst many pricing indexes are yet to reflect the post-agreement rate increase, general rate increases are anticipated alongside reduced vessel capacity...