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Ti: Ocean freight rates to bottom out in Q2 23 & remain low until a Q1 24 uptick

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TRANSPORT INTELLIGENCE reports:

Headhaul rates fall to their lowest since August 2020 – rates decline across all three trade lanes – weakened freight demand and increasing capacity continue to put downward pressure on rates. 

Introduction

Download NOW the Q1 23 edition of Ti’s ’Ocean Freight Rate Tracker’ for all the latest data and analysis for sea freight rate development, capacity, congestion and container availability by trade lane: please enter your details here to get the full report for ...

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