SEA RATES ARE STILL PLUMMETING

Release time： 2022-11-02 Browsing：452次

Recently, shipping companies have continued to cancel voyages from China to northern Europe and the Western United States to slow the decline in container spot rates. Despite the sharp increase in the number of air carriers, but the decline in freight rates is still not contained. Liner companies actively adopted capacity control measures to significantly reduce the effective capacity of the market, resulting in very tight shipping capacity. The freight rate of the Red Sea route rose by 44.9% compared with last week. At present, the overall formation of Europe, the United States line sea freight continues to decline significantly, the Middle East Red Sea line is rising against the trend!