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The US East Coast route broke through $5,000!

Esther souhang 2020-10-22 15:53:44

Currently, China-US freight rates are still rising! According to the latest data, the freight rate of the East US route has broken through USD 5000/FEU.

A trade official said: "I didn't expect that the shipping schedule to the United States after China's National Day holiday will be more than before the holiday. The price is one price a day, and it would be nice to find a space."
At present, freight rates in the three countries of the United States, Canada and the United Kingdom have soared severely, and there is a shortage of containers.
It is reported that the current Long Beach Port and Los Angeles Port are extremely congested, the destination port is on strike, and the freight rate in South America is more than 4,000 US dollars, Australia is more than 4,000 US dollars, and the US line is 4,000-5,000 US dollars. Even Southeast Asia, such as the long-term 300-400 US dollars, has risen to 600. -700 dollars.

In addition, the Port of Felixstowe in the UK is currently facing congestion, and ships may stay at sea for about ten days before they can reach the port.

Insiders predict that shipping will continue to rise in a large area in the next stage, with Europe breaking 5, West America breaking 5, East America and America China have already moved towards breaking 6.

However, price increases are usually accompanied by bursting of cabins and lack of containers, and some shipping companies have started the "moving ship" mode.

It is understood that Evergreen Shipping will temporarily transfer at least two ships originally sailing in Europe, and put the ships and containers on the US East and US West routes.

Wan Hai Shipping, which has always used the Asian region as the battlefield, has also joined the U.S. route market and mobilized small ships that originally sailed on Asian routes.