Up to $1,000 increase! Shipping company's latest price adjustment notice... | Maritime export logistics
Apr 02,2025

After ten consecutive and heart-wrenching falls, freight prices finally came to a light and began to rebound.
March 28 SCFI data show that the freight index rose to 1356.88 points, or nearly 5%.
The four major ocean routes in Europe and the United States have both good news and bad news. The Mediterranean route is still declining, down more than 5%, but the European, American and Eastern routes have stopped their decline and rebounded, and the American route has risen sharply, with American and Southeastern routes rising more than 10%.
At present, freight rates on European and American routes are close to cost.
Not only that, the long-term contract price of the United States line was finally increased this year, and the ship companies signed with retail giants, the price of the Spanish-American route increased by 15% to 20%, reaching $1,600-1,800 / FEU. The cargo representative revealed that BCO's cargo prices and other customers' agreement prices also changed, and this will become a "must-defend" place for the ship companies in the future.
Hapag-lloyd is frequent action, in March issued a series of announcements: April 15 from Asia to Latin America multiple routes levy GRI, involving different types of boxes, the amount of clear;
An imbalanced surcharge for equipment coming to Cambodia from 1 May will be imposed on near-ocean vessels;
A peak season surcharge will be imposed on ports from Asia, Oceania to Tanzania from 7 April;
Excessive surcharges on seaborne shipments to the near sea for China began on April 7.
The details of the surcharges are detailed, and it is the ship company that collects them specifically.
With some airlines "playing cards" to push up freight prices in April, the spot market quote is expected to rise modestly. If there is another increase in air suspension near May Day, freight prices may be supported again. It is worth watching for further announcements from airlines and freight price trends!

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