The latest data released by Xeneta indicates a peak may have been reached after spot rates from the Far East into the US declined slightly since the last round of General Rate Increases (GRIs) were implemented at the start of February The Red Sea crisis sent ocean freight rates from[Read More…]
Tag: freight
Australia exports $80Bn agri and food products in 2023
China remains Australia’s largest single export market, worth approximately $17 billion in 2022-23 Australia exported $80.4 billion in agriculture, fisheries and forestry (AFF) products in the 2022–23 financial year – a record high, and a 17 per cent increase on the previous year. Record crop production in 2022-23 coincided with[Read More…]
