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Container freight rates in April 2019

TOP NEWS / May 3, 2019

Container freight rates fell 4.2% in April to their lowest level since June last according XSI Public Indices published by Xeneta.

The indices based on crowd-sourced data covering 160,000 port-to-port pairings fell back sharply last month having reported container rate rises of 2.5% in February and 0.5% in March.

The indices stand at 104.45 points at the end of April, the lowest level since June last year.

The rate falls were across the board with European imports fell by 4.8%, while exports declined by 1.9%; for Asia the import benchmark dropped by 2.1% while exports slumped 3.6%; and for the US the export benchmark fell by 2%, while the import index dropped by 3.4% … Read more

Source: Seatrade-Maritime


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