At present, the overall shipping market is affected by the dual effects of the Lunar New Year holiday and the weakening of shipment momentum after the holiday, The SCFI freight rate index has fallen by 137.83 points compared to the previous week, with a weekly decline of 7.26%. The freight rates of the four major routes have all declined, with Far East to Europe and Far East to East Coast freight rates falling by more than 10%, and Far East to East Coast freight rates falling by 12.11%.

Market rumors suggest that shipping companies plan to increase prices in March after resuming normal shipments; Maersk, Daffy and other shipping companies have announced that they will raise their freight rates to $4000 or above, but more shipping companies have not yet made any statements and will observe the shipment situation. With the global economic recovery and the recovery of trade demand, the maritime and domestic logistics markets are expected to gradually stabilize.