Xeneta launches reefer container rates as part of its ocean freight rate benchmarking & market intelligence platform
Xeneta, the largest real-time and on-demand ocean freight rates global benchmarking and market intelligence platform today announced availability for reefer container rate data in its platform. With over 20% of Xeneta’s existing customers also shipping refrigerated containers, reefer container data has already started to populate the platform with over 30,000 points for the main trade lanes already available for existing customers who form part of the Beta Program, the company said in its press release.
The Xeneta platform has been developed in such a way that it can easily accept dry container and reefer data simultaneously via a simple upload of customer rate sheets and automatically display the anonymous rate data in graphs and tables.
Carriers like Hapag Lloyd have recently announced the purchase of reefer containers to offset the shortage in the market. As newer reefer boxes come into play, the landscape for refrigerated cargo will become more competitive. For a market that has for many years been seen as stable, volatility can also come into play as in the dry container market.
Xeneta has available reefer container rate data for the following lanes:
Short-Term Rates
Export from South East Asia and China
Long-Term Rates
North Europe – US East Coast
China – Northern Europe
North Europe -China
North Europe-Japan
US East Coast - Japan
North Europe -Latin America
About Xeneta
Xeneta is the leading ocean freight rate benchmarking and market intelligence platform transforming the shipping and logistics industry. Xeneta’s easy-to-use yet powerful reporting and analytics platform provides shippers and freight forwarders the software data they need to compare their shipping prices against the world's largest database of contracted rates – reporting live on market average and low/high movements. Xeneta’s data comprises of over 35 million contracted dry container rates and covers over 160,000 global trade routes optimizing companies’ container rates procurement. Xeneta is a privately held company and is headquartered in Oslo, Norway.
