U.S. East Coast dockworkers’ strike – key insights for container traders and leasing companies

At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association initiated a strike that has led to the closure of U.S. East Coast and Gulf Coast ports, disrupting the flow of both import and export containers, and impacting overall container operations. In our previous advisory dated 26 September 2024, we covered the potential impacts … Read more

Machine learning to predict future ocean freight rate movements

Industry leaders at the Xeneta Summit in Amsterdam have been told ocean container shipping must harness the power of machine learning to protect supply chains in an increasingly complex and volatile market. In a keynote speech today to announce Xeneta’s new in-platform Ocean Market Rate Outlook, Chief Product Officer Fabio Brocca explained how machine learning … Read more