Contract length

Xeneta aggregates ocean freight rates for both short-term and long-term contracts.

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Due to industry specifics, short-term and long-term contracts have different definitions in ocean and air freight.

Here is how we categorize contracts depending on their validity period:

• Short-term — any contract that is valid for less than 32 days
• Long-term — any contract that is valid for longer than 87 days

To keep rates as comparable as possible, we never aggregate short-term and long-term rates together.

For more information on how contract age and validity affect the rates that you see in Xeneta, see Contract age and Rates and contract validity.