150% jump in long-term container freight rates
150% jump in long-term container freight rates Long term ocean box rates were up 150% on-year in May 2022, after a record monthly jump in prices. ccording to Xeneta’s Shipping Index (XSI), long term contracted ocean freight rates jumped by 30.1% in May, the highest ever monthly increase. Price hikes in 2022 have reached 55%, […]
