Soaring ocean freight rates appear to have reached their peak, but will rates return to pre-covid levels? And if so, when?
Inflation and increasing interest rates provide significant headwinds for further rate increases in Q2 2022, but supply-side issues and fuel prices continue to put pressure on costs.
Ti’s Q2 2022 Ocean Freight Rate Tracker provides transparency on current sea freight rates, capacity, congestion and container availability by trade lane, and maps out expected rate development for each quarter out to 2023.
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