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Xeneta: Spot rate developments show fluctuating fortunes for ocean and air freight out of Far East

While spot rates are sailing in the right direction for ocean freight from the Far East to the South America East coast, short-term air freight rates are failing to take off on major intra-Asian and long haul trades. According to Oslo-based Xeneta, such developments will likely impact on long-term contracted rates negotiations in the very near future.

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