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Xeneta Raises $80 Million led by Apax Digital

Published in Cargo
Wednesday, 14 September 2022 09:12
Businesscafe - Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today announced an $80 million investment at a $265 million valuation led by funds advised by Apax Digital, the growth equity arm of Apax, a leading global private equity advisory firm, with participation from NY-based Lugard Road Capital. ...
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Xeneta container rates alert : Long-term shipping rates stand strong, for now, in the face of softening global demand

Published in Cargo
Thursday, 01 September 2022 08:52
Businesscafe - Long-term ocean freight rates climbed yet again in August, edging up 4.1% month-on-month to stand 121.2% higher than this time last year. ...
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Xeneta container rates alert : long-term shipping rates shrug off uncertainty to rise again

Published in Cargo
Friday, 01 July 2022 13:24
  Businesscafe - It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June. ...
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Spot rates fall below long-term levels on main China to US West Coast trade

Published in Cargo
Friday, 24 June 2022 12:29
Businesscafe - Cargo owners battered by the spiralling costs of container shipping would do well to look into spot rates on the main China to US trade corridor at present. ...
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Xeneta container rates alert : shipping costs soar as long-term ratesrace 150% up year-on-year

Published in Cargo
Thursday, 02 June 2022 15:30
Businesscafe - May saw the highest ever monthly increase in long-term contracted ocean freight rates, as the cost of locking in container shipments soared by 30.1%. ...
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Air freight capacity takes off, and rates descend, with boost in Europe-US flight numbers

Published in Cargo
Friday, 06 May 2022 09:27
Businesscafe - The latest analysis from Oslo-based Xeneta shows marked fluctuations in air freight rates and dynamic load factors between Western Europe and the US, as increased appetite for travel drives cargo capacity to new heights for 2022. ...
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Xeneta container rates alert: demand, disruption and deft carrier strategies fuel new highs for long-term ocean freight rates

Published in Cargo
Wednesday, 04 May 2022 15:30
  Businesscafe - April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up year-on-year. ...
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