The Dispatch - Issue #14
Rates
We are seeing rates continue to soften in the market, both indexes below showing a noticeable trend downwards. This is also reflected in the pricing being offered in the prepaid market from China and the Charter rates from the new services available.
It’s still very much a spot market, and the more attractive rates are limited in the space available or come with restrictions on port availability or what types of cargo can be moved.
As always get in touch if you would like specific pricing.
XSI® - C
Report a figure of $13,475 per 40’ container (FEU) dated 01/03/22 (down 5.28%)
FBX
Report a figure of $13,644 per 40’ container (FEU) dated 04/03/22 (down 5%)
News
Tweets
“2022 is likely a peak” in terms of the current freight rate cycle but “we are looking at rates still being elevated,” my colleague @rahulkapoor11 tells #TPM22 pic.twitter.com/3GllETLPRC
— Peter Tirschwell (@PeterTirschwell) February 28, 2022
RE-THINK in 2022. If it can’t be reduced, reused, repaired, rebuilt, refurbished, refinished, resold, recycled or composted, then it should be restricted, redesigned or removed from production.#supplychain #sustainability
— SupplyChainQueen (@supplychnqueen) February 28, 2022
— Scott Galloway (@profgalloway) March 2, 2022