ABOUTXENETA
At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.
With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges.
WE ARE TRANSFORMING GLOBAL LOGISTICS
ARE YOU PAYING THE RIGHT CONTAINER
FREIGHT RATES?
DISCOVER SAVINGS POTENTIAL IN REAL
TIME.
CONTACT US.
THINK AGAIN.
ONE WOULD THINK THAT LOWER
CONTAINER RATES WOULD MEAN LOWER SHIPPING COSTS AND
THUS HAPPY SHIPPERS, RIGHT?
WE ASKED IF SHIPPERS SHOULD BE WORRIED ABOUT LOW CONTAINER RATES AND OVER 55% OF RESPONDENTS INDICATED THAT YES, SHIPPERS SHOULD BE CONCERNED WITH 36% SAYING NO AND 9% OF RESPONDENTS DID NOT KNOW.
ACCORDING TO THE JOURNAL OF COMMERCE, WHILE LOGISTICS DIRECTORS ARE PATTING THEMSELVES ON THE BACK FOR SECURING RATES ALMOST HALF OF WHAT WAS SECURED THE PREVIOUS YEAR, THEY ARE CONCERNED ABOUT NEXT YEAR WITH THE POSSIBILITY OF HIGHER RATES AND ROLLED CARGO.
WE HAVE LOCKED IN VERY LOW PRICES BUT ONCE THE CARRIERS CREATE AN
ARTIFICIAL SPACE SHORTAGE BY TAKING SHIPS OUT OF THE TRADE LANES, THEY
WILL BE ABLE TO DEMAND HIGHER PRICES FROM THE NVOCCS AND
SMALLER IMPORTERS...
- ONE RETAIL IMPORTER TOLD THE JOURNAL OF COMMERCE
LOW RATES MAY EQUAL SUBPAR SERVICE
WE ASKED IF SHIPPERS SHOULD BE WORRIED ABOUT LOW CONTAINER RATES AND OVER 55% OF RESPONDENTS INDICATED THAT YES, SHIPPERS SHOULD BE CONCERNED WITH 36% SAYING NO AND 9% OF RESPONDENTS DID NOT KNOW.
AT THE SAME TIME THOUGH, SHIPPERS SHOULD TAKE MORE THAN RATES INTO CONSIDERATION - SERVICE LEVELS, SPEED, VALUE-ADDED SERVICES ETC.
THE OVERALL OCEAN CONTAINER MARKET IS A CONCERN FOR SHIPPERS AND HAS RESULTED IN MANY CONTAINER VESSELS SCRAMBLING TOWARDS REVISED OR NEW ALLIANCES TO REMAIN ALIVE
IN OTHER WORDS, SHIPPERS SHOULD BE LOOKING FOR A PARTNER TO RIDE THE UNCERTAIN ECONOMIC WAVES. LOWER RATES ARE GREAT BUT WHAT GOOD ARE THEY IF THE SERVICE LEVEL IS SUBPAR?
SO, WHILE SHIPPERS SHOULD INDEED BE CONCERNED ABOUT LOWER CON-TAINER RATES, THEY SHOULD ALSO
BE CONCERNED ABOUT THE OVERALL HEALTH OF THEIR OCEAN CONTAINER
PARTNER.
BE SURE TO CHECK OUT ONE OF OUR EARLIER BLOG POSTS: ‘IT’S NOT ABOUT PRICE ALONE. HOW
DO YOU SELECT YOUR SUPPLIER?’ FOR MORE ON THIS TOPIC.
READ HERE
LEARN HOW XENETA CAN HELPYOU GET INSIGHT AND
INTELLIGENCE INTO YOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGE YOUR LOGISTICS
BUSINESS:
REQUEST DEMO NOW