Uncertainty, fear can heavily affect global freight rates: Xeneta

Uncertainty and fear can heavily affect freight rates, even in the absence of factors like capacity squeeze or port congestion, Xeneta said.
The spot rate spike resulting from the lowering of tariffs will have a shorter expiration date, it noted.
The traditional Q3 peak season will arrive earlier in 2025, but it should not take too long for spot rates to soften and continue Q1’s downward trend.Read More