Container rates: turmoil driving long-term freight rates to historic highs

Container rates hit historic highs. 2021 has got off to flying start for long-term contracted ocean freight rates, according to the latest XSI Public Indices report from Xeneta.  January’s XSI, which gleans unique intelligence from crowd sourced real-time shipping rates, shows one of the highest ever monthly rate increases, with a global jump of 5.9%. This leaves the index 4.5% up year-on-year, with few signs of relief on the horizon. Source Xeneta

This report is for subscribers only Start with a FREE 30-day trial and then save up to 22% with an annual subscription. Get instant access to over 1,500 reports. Cancel anytime.
FREE TRIAL
Already a subscriber ? Log in

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!