01 American Way
• The U.S. Customs began to seize cotton clothes in Xinjiang. Some textiles exported to the U.S. have been required by the Customs to provide the following information: purchase invoices, certificates of origin, and declarations by non-compulsory labor importers.
• The prolonged peak season has caused congestion in ports on the west coast of the United States. Both the Port of Oakland and the Port of Long Beach, California, had record highs in their imports in March when container traffic was usually relatively quiet. A series of problems such as delays in picking up containers, abnormal inspections, abnormal end pick-ups, and time delays caused by seaborne warehouse explosions.
Looking at the latest situation of the routes from China to Europe and the United States, will sea freight usher in a new wave of price increases?
• Professionals said that container rates may remain high in the second quarter and may even enter the third quarter. Shipping prices are expected to start to increase in the near future, especially for Mason.
• The U.S. line has serious warehousing.
sea freight from china
02European Road
• The price of air dispatch is relatively stable, the price without tax in the UK has increased, the China-Europe Railway and Qatar Airways have gradually recovered, prices have begun to rise, and European railway capacity has been tight.
• The Drewry World Container Index (WCI) shows that freight rates from Asia to Northern Europe rose by 5% last week, reaching $7,852 per 40 feet. In fact, the actual cost paid by the shipper is higher.
• The Suez Canal blockade caused the voyage to be interrupted. The cargo volume of several major European ports has plummeted recently. The ports of Felixstowe, Rotterdam, and Barcelona indicated that the next week will be very busy.
• All Amazon warehouses in the United Kingdom were sold out, and DPD in the United Kingdom gradually resumed delivery.
• Several large Amazon warehouses in Germany are also liquidated and are expected to gradually recover in mid-April.
• According to the Ningbo Export Container Freight Index (NCFI) weekly report released by the Ningbo Shipping Exchange, the volume of cargo in the Asia-Europe route market continues to grow, the supply of space is very tight, and there have been bursts of space on many voyages.
sea freight from china
Looking at the latest situation of the routes from China to Europe and the United States, will sea freight usher in a new wave of price increases?
03 Other situations
• Due to the Hong Kong airport battery incident, it is expected that the price of live electricity will increase in the near future, and the price of transportation capacity in Hong Kong will increase.
• The price of Australian routes has skyrocketed, and the market has basically wireless routes for air transportation and normal sea transportation.
• Canadian routes began to gradually increase prices.
sea freight from china
