WP_Post Object ( [ID] => 295399 [post_author] => 98 [post_date] => 2023-08-31 21:00:57 [post_date_gmt] => 2023-08-31 21:00:57 [post_content] => Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According to the latest real-time data from the Xeneta Shipping Index (XSI®), contracted rates fell 7.8% in August, meaning prices have now dropped 62.7% since this time last year. The world’s busiest routes – exports from ... [post_title] => Xeneta: Long-term ocean freight rates plunge by more than 60% in year of decline, but changing fortunes appear imminent [post_excerpt] => Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According to the latest real-time data from the Xeneta Shipping Index (XSI®), contracted rates fell 7.8% in August, meanin... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => xeneta-long-term-ocean-freight-rates-plunge-by-more-than-60-in-year-of-decline-but-changing-fortunes-appear-imminent [to_ping] => [pinged] => [post_modified] => 2023-08-31 21:00:57 [post_modified_gmt] => 2023-08-31 21:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=1000820 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )