Outlook for Container Shipping Annual Contract Rates

<p>Spot container shipping rates in the trans-Pacific market collapsed back to pre-pandemic levels last fall. Long-term rates are now following the same downward trajectory. Xeneta CEO Patrik Berglund shares his outlook on 2023 annual contract negotiations in the trans-Pacific. </p><p><a href="https://listen.freightwaves.com/freightcasts">Follow FreightWaves Podcasts</a></p><p><a href="https://events.freightwaves.com/s/global-supply-chain-week-2023/home?cancel_redirect=do_not_redirect">Join Global Supply Chain Week</a></p>