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The freight rate of the 40-foot high cabinet has soared to 4,000 US dollars! One cabin is in short supply | Marine export logistics
May 15,2025
On May 12, China and the United States reached a preliminary trade agreement in Switzerland, and the two sides suspended hostilities for 90 days, during which tariffs were restored to the level before April 2. This positive news prompted many enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area, including Hong Kong-funded enterprises, to accelerate their shipments. However, due to the fact that shipping companies had previously sharply reduced the capacity of the liner services between China and the United States, a large number of orders exploded on the 13th, causing many export enterprises to "struggle to find a cabin," and the freight rate also soared. The freight rate of the 40-foot high cabinet even rose to 4,000 US dollars.
According to the Wen Wei Po, China and the United States issued a joint statement at the economic and trade talks in Switzerland, agreeing to cancel 91% of their punitive tariffs and temporarily suspend 24% of their reciprocal tariffs for 90 days. Specifically, the United States will reduce the tariffs on Chinese imports from 145% to 30%, and China will reduce the tariffs on US imports from 125% to 10%. This truce agreement comes at a critical time, as May is the time for US retailers to place orders for the end-of-year holidays (such as Halloween, Thanksgiving, and Christmas). Both export enterprises and buyers hope to seize this 90-day opportunity window to produce and transport goods as soon as possible.
Due to the sharp reduction in shipping capacity by shipping companies during the tense trade between China and the United States, the sudden surge in demand has led to a tight cabin situation. The general manager of a logistics technology company in Shenzhen said that a large number of export enterprises have shown a state of explosive and retaliatory shipment, frantically competing for sea shipping capacity. At present, the price of shipping from China to the West Coast and East Coast of the United States has risen sharply, and the freight rate of a 40-foot high cabinet has increased from 2,500 US dollars to 3,500 US dollars, and has even reached 4,000 US dollars.
Take a toy manufacturing company in Dongguan as an example. After the trade agreement between China and the United States was reached, the company actively shipped to meet the rapid orders. However, the problem of insufficient shipping capacity caused difficulties in transportation. The executive general manager of the enterprise said that on the 13th, American customers began to place orders, and the delivery time was very urgent. At present, there are two or three 40-foot high cabinets of toys ready for shipment, and the customs duties will be borne by the customer. However, as the peak shipping period approaches, the cargo capacity is already very tight, and the enterprise also needs to face the pressure of rising prices.
A senior logistics professional predicts that shipping prices will continue to rise in the future due to the significant increase in demand and the fact that it takes some time to adjust routes. The general manager of a certain international freight forwarder pointed out that before the shipowners adjusted the routes, the capacity decreased, and now that the trade between China and the United States has suddenly returned to normal, there has been a phenomenon of scrambling for cabins. This has led to the continuous rise of shipping prices and brought new challenges to export enterprises.
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