Xeneta.com
Xeneta.com
Blog Post
  • We are happy to announce the Xeneta 11-part FAQ series focusing on key questions related to freight rate benchmarking and procurement. The series provides answers to the most frequently asked questions revolving around the complex world of ocean freight rate benchmarking and procurement. It provides you some tips and tricks to make the process a little less painful. We'll release one FAQ per we...

Xeneta.com
Xeneta.com
Blog Post
  • It’s a smart acquisition. Maersk Line now owns and/or operates some 773 container vessels, with a total container capacity of around 4.15 million TEU and a 19.3% share of the global container market.From Maersk’s initial takeover announcement in December 2016, regulatory approvals came relatively quickly and with far fewer conditions than anticipated, despite needing regulatory approval in 23 j...

Xeneta.com
Xeneta.com
Blog Post
  • Throughout 2017, we've had the pleasure to speak to and collaborate with some of the best shipping journalists. We've also shared some of our favorite reads via our social media channels, offering up some excellent sources and resources  for shipping and supply chain news around the world.  But behind every great article, there is an even better journalist who puts it all together. Not only do ...

Xeneta.com
Xeneta.com
Blog Post
  • This is the third part of our series, The Biggest Stories From the Global Shipping Industry in 2017.Click here to read part 1 and part 2.  Improving global economic conditions have resulted in record volumes at various ports this year. As we noted in our previous rate analysis, at the beginning of the 2nd quarter of 2017, the IMF raised its outlook for the year with a projected rise in economi...

Xeneta.com
Xeneta.com
Blog Post
  • This is the second part of our series, "The Biggest Stories From the Global Shipping Industry in 2017". Click here to read part 1. As the 2017 peak season winds down for ocean carriers, a look back finds that it was a season for volume records at many ports, particularly in the US. The rates, however, were another story. Yes, we blame excess capacity once again, and as you continue to read, y...

Xeneta.com
Xeneta.com
Blog Post
  • As we get ready to turn the page of yet another year, it’s always a good idea to look at the events of the past. With the major milestones and benchmarks of 2017 setting the path and pace for the year to come, we can look at what happened in the container shipping industry to get a better idea of what’s to come. We have split this 2017 in three parts for easier consumption.

Xeneta.com
Xeneta.com
Blog Post
  • December is turning out to be a great month for us. On behalf of Xeneta, I am happy to announce our entry into the air freight market. This is a major milestone for our team with a prototype already in place today. In addition, our platform is ready to accept early adopter air rates getting our data collection process off to a great start.

Xeneta.com
Xeneta.com
Blog Post
  • 'Tis the season where many of us join the holiday frenzy and rush to buy gifts for our family and friends. For us in the shipping world, we know that peak season a little while ago was going full force to make sure store floors and inventories were fully stocked to support our holiday spending habits. Then, I thought, as a company, couldn't we, at Xeneta, do something more meaningful, ...

Xeneta.com
Xeneta.com
Blog Post
  • Here it is just in time for Christmas 2017. An updated handy overview to help you stay on top of shipping alliances. A short summary of the alliances' impact on the container market and some thoughts on who is benefiting in the industry. 

Xeneta.com
Xeneta.com
Blog Post
  • I am happy to share the news that we have fortified our NVO offering introducing a first-rate NVO Commercial team. We are pleased to bring on board shipping industry experts Paul Mullins, Ronald Plevier and Jocelyn Hansen to join Andreas Leichert, our resident freight forwarding Director of Business Development. 

Xeneta.com
Xeneta.com
Blog Post
  • In the last few months, Xeneta has started the process of expanding into new freight markets. Today, we announced the first step of the journey which is the benchmarking of refrigerated containers (reefer).  We started with the collection of reefer data in early October and in just short of two months we have managed to collect more than 50,000 40HC reefer rates and approximately 10,00...

Xeneta.com
Xeneta.com
Blog Post
  • This is why supply chain analytics matters: Every day, every hour and every minute, countless packages and shipments are being moved around the world within never-ending flows of supply chains. These supply chains serve as the backbone of the world economy and, in truth, are what keeps the world moving. But consider for a moment the amount of data, information, and decisions that are r...

Xeneta.com
Xeneta.com
Blog Post
  • Exporting comes with many exciting opportunities for businesses looking to grow, and given that over US$ 11 trillion of manufactured goods were exported in 2016, up from US$ 8tn in 2006, it’s no wonder businesses are honing in to exporting. Trade Finance Global put together some tips for those who currently export, or perhaps are looking to export their goods / services overseas.

Xeneta.com
Xeneta.com
Blog Post
  • Depending on how you look at it, ocean container shipping has seen a major change since the summer of 2016. The new shipping alliances have started to mobilize in 2017 and the volatility of rates for all the major trade lanes is nothing short of unnoticeable. Blank sailings, GRIs, drop in rates. Will it be a buyer’s or seller’s market? What is on the horizon? Let's not call the doom fo...

Xeneta.com
Xeneta.com
Blog Post
  • Since the days of Malcom MacLean, ocean shipping has become more reliable as containerization, intermodal, double-stacking, and larger-and-larger ships have reduced the cost of moving goods from Point A to Point B.

Xeneta.com
Xeneta.com
Blog Post
  • Opaque ocean freight rates based on massive price fluctuations can hamper your groundwork for the 2018 tender season. That's why greater visibility into real-time rate data gives an incredible advantage to your sourcing activities. Enter subject matter experts, Michael Braun of Xeneta and Florian Dussler of Transporeon Group Americas. During a live webinar, they did a walk-through on ...

Xeneta.com
Xeneta.com
Blog Post
  • map source: http://energypost.eu...nge-face-world/ Less than ten years ago, the idea of rail cargo between China and the EU was…bar talk; at best. However in 2016, according to The Economist, in excess of 500,000 tonnes shipped by rail from a variety of Chinese rail hubs into an equally large variety of EU destinations as far west as Dublin. Should ocean carriers be worried?

Xeneta.com
Xeneta.com
Blog Post
  • One of the most important events in the world shipping industry was the International Maritime Organization's October 27th, 2016 announcement formally adopting rules to cut the amount of sulfur allowed in bunker fuel. S&P Global Platts reported in September 2017 that  Ultra low sulfur bunker fuel in Rotterdam, for example, hit the highest assessed level since the S&P Global Platts asse...

Xeneta.com
Xeneta.com
Blog Post
  • In this blog post we are going to introduce pros and cons of working directly with carriers and freight forwarders to help shippers, BCOs make an informed decision and keep their cargo moving. 

Xeneta.com
Xeneta.com
Blog Post
  • Terminal Handling Charge, as the name suggests, is a charge levied by a port terminal for the handling of cargo at a specific terminal within a specific port in a specific country.

Xeneta.com
Xeneta.com
Blog Post
  •  Yesterday, Michael Braun, Value Engineering Director at Xeneta presented our October quarterly ocean freight rates in a LIVE Webinar. He analysed the Q3 2017 rates on  Asia - Europe (in/out) as well as the Trans-Pacific. He also explained on why benchmarking is essential to justify costs savings in the volatile ocean freight rates market. He did a 12-month analysis of historical rates...

Xeneta.com
Xeneta.com
Blog Post
  • If you are starting up your ocean freight RFQs and preparing for the Asia-Europe negotiation period, listen carefully as this is extremely relevant as we close up on year end and enter the RFQ period.  Trans-Pacific shippers should also perk your ears.  Xeneta data is seeing, for the first time ever since end of Q1 and beginning of Q2 2016, that the short-term rates are below the long...

Xeneta.com
Xeneta.com
Blog Post
  • The Incoterms® (abbreviation of International commercial terms) rules developed by the  International Chamber of Commerce was created as an industry standard to facilitate international trade and for the interpretation of the trade terms that the parties to a contract of sale could agree to apply.

Xeneta.com
Xeneta.com
Blog Post

A Split Peak Season?

  •  For those following box carrier rates and vessel scheduling, this might not be the most joyous of holiday times for everyone.

Xeneta.com
Xeneta.com
Blog Post
  • Many firms find themselves struggling today to stay afloat as restrictive bank lending, rising problems collecting receivables, and reduced consumer and business demand have combined to make running a profitable business very difficult.

Xeneta.com
Xeneta.com
Blog Post
  • The maritime world was a constant lead in the news during the past few weeks; we followed the Houston-Galveston port closings, record rains, and tales of communal heroism during Hurricane Harvey, and then we switched to Hurricane Irma’s horrific winds that caused such massive destruction in the Caribbean, and Florida, with the Georgia, Florida, and Carolina ports now beginning to reope...

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