Xeneta: Drop in Ocean Freight Rates May Be a Normal Market Correction
October 5, 2022 0Middle East Logistics News
… Indicator (OTI) shows that shipping bottlenecks at major trade lanes … slow improvement.
As the shipping business continues normalizing, ocean … 16 percent less capacity.
Freight rates are declining accordingly, … that the volumes of cargo are still far above …
Xeneta: Drop in Ocean Freight Rates May Be a Normal Market Correction