Q2 2023 Ocean Freight Rate Tracker

Latest Ocean Freight Rate Tracker for Q2 2023 shows that:

  • Freight rates stabilise in Q2 2023 but, supply fundamentals could drive rates down further.
  • Consumer confidence to recover in Q1 2024, which will gradually drive rates upwards.

Ti’s Q2 2023 Ocean Freight Rate Tracker provides:

  • Transparency on current sea freight rates, capacity, congestion and container availability by trade lane.
  • It also maps out expected rate development for each quarter and out to 2023.

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