Spot Rate Decline Gathers Momentum

Suffern, NY, September 14, 2022 – SHIFEX, the only forwarder-driven container spot freight rate index, recorded the lowest freight rate in 24 months between Shanghai and Los Angeles. The index shows a…

New low in US container freight rates set to ease inflation

Suffern, NY, August 22, 2022 – SHIFEX, Shifl’s container spot freight rate index points to an ongoing decline in spot rates that is set to shift the power marginally away…

Continued decrease in Ocean freight spot rates seen as positive measure to curb inflation – SHIFEX by Shifl

Consumer sentiment towards retail has been consistently falling over the last few months onaccount of rising inflation, even as prices of everyday commodities climb. Major retailers likeWalmart, Target, and Amazon…

Sharp drop in transit times and US spot  freight rates as demand plummets

Trans-Pacific transit times have fallen considerably across the US West Coast to 24 days from 54 days in Dec ‘21, while the US East Coast remains high for the same…

Decline in China/US spot freight rates set to continue

Suffern, NY, April 5 2022 – Trans-Pacific container spot rates between China and the US West Coast and US East Coast have been on a steady decline since peaking in early…