The Dispatch - Issue #38

Rates remain mostly as we were. Spot rates hovering around the $1500 - $1600 mark dependent on which port you are coming into. However, space remains pretty tight and the cheapest rates get any available space snapped up pretty quickly.

With rates seemingly settled currently, we are trying to see if there is scope for extensions on free time & discounted lolo from the carriers to differentiate.

As always, for the best current spot pricing, just click below button or hit reply to this message.

Below indices are always lagging on the actual achievable rates, but provide a good record & visual of the situation.

XSI® - C

Report a figure of $1,683 per 40’ container (FEU) dated 06/02/23 (down 6.03% WoW)

FBX

Report a figure of $2,920 per 40’ container (FEU) dated 03/02/23 (down 15% WoW)

News

Maersk warns global box volumes could slide 2.5% this year - Splash247

From $30.9bn to somewhere between $2bn to $5bn. That is how Maersk, widely seen as bellwether for the container shipping industry, sees its net profit going from last year to this. The Danish shipping giant revealed its Q4 and full-year 2022 results today, nailing a record annual revenue of $81.5bn…

Splash247Sam Chambers

FMC demands answers from MSC over congestion surcharges - Splash247

Using its new found powers granted by president Joe Biden, the Federal Maritime Commission (FMC) has taken aim at the world’s largest containerline, Mediterranean Shipping Co (MSC). The FMC is questioning a congestion fee MSC charged SOFi Paper Products in a first case of its kind since the passing…

Splash247Sam Chambers

E-commerce sales exceeded $1 trillion in 2022: report

Total digital retail commerce hit a record in Q4 last year, reaching $332.2 billion, according to Comscore.

Retail DiveTatiana Walk-Morris

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