Since the beginning of this year, due to the impact of the epidemic, the global cargo transportation volume has dropped sharply. As a result, shipping companies have reduced their capacity to reduce operating costs, and have suspended large-scale routes and implemented the strategy of replacing large ships with small ships. However, the plan will never catch up with the changes. Domestic work and production have already been resumed, but foreign epidemics are still breaking out and rebounding, creating a strong contrast between domestic and foreign transportation demand.
The world is counting on the supply made in China, and China’s export volume has not decreased but increased, and containers are unbalanced in the flow of outbound and return journeys. “One box is hard to find” has become the most troublesome problem facing the current shipping market. “Nearly 15,000 containers at the Port of Long Beach in the United States are stranded at the terminal”, “The UK’s largest container port, Felixstowe, is in chaos and severe congestion” and other news are endless.
In the traditional shipping season since September (the fourth quarter of each year, Christmas is just needed, and European and American merchants stock up), this imbalance of capacity/space shortage in short supply has become more and more severe. Obviously, the freight rate of various routes from China to the world has doubled. Growth, the European route surpassed 6000 US dollars, the western US route surpassed 4000 US dollars, the South American western route surpassed 5500 US dollars, the Southeast Asian route surpassed 2000 US dollars, etc., the increase was more than 200%.
Post time: Dec-09-2020