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Container Freight Industry News | Supply Chain Industry News

Weekly Rate Update: Week 40

The equipment shortages for outbound India translates to an increase in short-term ocean freight rates. Here's what the data shows on the contract market.

Due to the rapid change of events affecting our industry, we will release weekly rate updates on various trades.

Welcome to Q4 2020!

This weekly rate update focuses on outbound India trade lanes. The equipment shortages due to COVID-19 translates to major spot market increases. So, what does the data tell us about contracted ocean freight rates? 

Watch the video below👇 to find out.

 

Outbound India | Week of October 1, 2020

 

Red Sea Crisis | Ocean Freight Strategy

 

 

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