Eight consecutive rises! Freight rates continue to soar! Enterprises are fighting to grab empty boxes and buy their own boxes

2024-06-04 09:24

The latest Shanghai Freight Index (SCFI) released by the Shanghai Shipping Exchange on May 31 was 3044.77 points, up 12.63% from the previous period, achieving "eight consecutive increases" and breaking through the 3000-point mark in one fell swoop. Among them, the U.S. route and the African route have seen the most significant increases, with an increase of nearly 57% in the past month.

Specifically, the freight rate from Shanghai to the West of the United States was $6,168/FEU, up $979, a weekly increase of 18.87%; The freight rate from Shanghai to the eastern part of the United States was $7,206/FEU, up $724, or 11.17% for the week. The freight rate from Shanghai to Europe was $3,740/TEU, up $331, a weekly increase of 9.71%; The freight rate from Shanghai to the Mediterranean is $4,720/TEU, up $472, or 11.11% for the week.

It is worth noting that the freight rates of the West and East of the United States broke through the $6,000 and $7,000 mark, respectively.

In addition, the freight rate from Shanghai to West Africa, South Africa and South America also rose sharply by $799, $936 and $343, respectively.

In the case of soaring freight rates and tight capacity, the situation of "hard to find a box" is still continuing. At present, empty containers have to be rushed quickly, and some companies have begun to buy their own boxes to cope with the current situation of shortage.

In the last three months, there has been a significant increase in the price of used containers. The person in charge of a freight forwarding company in Yiwu, Zhejiang Province, said that it was about 15,000 yuan to buy a high box at the beginning of the year, and now it has risen to 23,000 yuan.

It is understood that the tight supply of containers is mainly caused by the diversion and postponement of ships caused by the situation in the Red Sea, as well as the launch of a large number of new ships, and the increase in demand for containers. In order to meet the shipping needs of foreign trade enterprises and improve the efficiency of container use, some shipping companies have shortened the time for picking up empty containers from 48 to 72 hours to 24 hours.

In addition, customs and other departments are also continuously improving the speed of empty container inspection and release, and enterprises can use the "shipside direct pick-up" mode to quickly handle the customs clearance procedures for empty containers.

Ningbo Customs' Daxie Customs Logistics Supervision Section 1 Deputy Chief said: "The shipping company will transfer empty containers from various ports according to the needs, and we will speed up the processing of their applications for transportation and inspect and release them as soon as possible to speed up the flow of empty containers at the port." ”

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