The Dispatch - Issue #23
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Rates
Numerous articles this week noting how spot rates had fallen under contracted rate levels, and how this could be the start of an eventual return to pre-pandemic pricing levels.
You can see from the XSI & FBX charts below that rates had flatlined somewhat of late, but we are certainly seeing the potential for further reductions incoming. As always with spot it’s very dependent on timing and what you are looking to move, so please get in touch for any specific pricing options.
XSI® - C
Report a figure of $10,307 per 40’ container (FEU) dated 28/06/22 (down 0.44% WoW)
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FBX
Report a figure of $10,587 per 40’ container (FEU) dated 01/07/22 (down 1% WoW)
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News
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Tweets
Sunday Reading: Sea-Intelligence reports if you combine Shanghai, Ningbo, Shenzen and Qingdao you find container volume INCREASED in May by 5.4% yoy. Lot of focus on Shanghai shut down but it appears to have just gone elsewhere. #oceanfreight #logistics
— 10xLogisticsExperts (@Logisticsexpert) June 26, 2022
Earth's natural carbon sinks are critical for slowing down #ClimateChange.🌿🌳🌏 In fact, soil contains more carbon than you might have imagined! A Visual Capitalist Capitalist infographic shows how much carbon is stored in different ecosystems. pic.twitter.com/a6afx0NzWf
— SupplyChainQueen (@supplychnqueen) June 27, 2022
Shipping container homes are fun, but they're a lot more difficult to build than you may think. @voxdotcom's @PhilEdwardsInc spent a night in a shipping container home to see how the reality of staying in one compares with what most people expect it to be. https://t.co/UmfWB24vGX
— Flexport (@flexport) June 27, 2022