Long-term ocean freight rates have continued their downward trend in August, marking a year of steady decline for carriers, as reported by Xeneta. Carriers are grappling with challenges in the contract market, attributed to weak demand and an increasing ship capacity. The situation has resulted in significant and widespread reductions in long-term shipping rates. Xeneta […]

A business’s reputation depends on its ability to transport products and meet customer demands in strict deadlines. A well-connected supply chain network with economical