Outlook for International Ocean Freight Trends by the End of 2024
As 2024 draws to a close, the international shipping market has experienced a complex and ever-changing year. From the drought crisis in the Panama Canal to the geopolitical tensions in the Red Sea region, to the slow recovery of the global economy, these factors are all affecting the trend of international shipping costs to varying degrees. The following is a detailed analysis of the international ocean freight trend by the end of 2024. 1.The trend of freight rate increase is obvious In 2024, international shipping costs are showing a clear upward trend. This phenomenon is first attributed to the passage restrictions of the Panama Canal and the Suez Canal. The […]
