American line freight rates surge
Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, focusing on markets such as Europe, America, Canada, Australia, Southeast Asia, etc., and is more than the owner of the cargo owner.
The Sino-US trade war has "ceasefire", the collective transportation market has entered the peak season ahead of schedule and set off a wave of freight, and US line freight rates have soared.
According to the latest data released by the Shanghai Aviation Exchange on May 16, the SCFI index rose 134.22 points to 1479.39 last week, with a weekly increase of 9.97%. Among the four major ocean routes in Europe and the United States, freight rates from the Far East to the United States and the United States continue to rise, while European routes continue to fall.
Last week, the Far East to the Western United States freight rate rose by US4 to US,092, a weekly increase of 31.7%; the Far East to the Eastern United States freight rate rose by US4 to US,069, a weekly increase of 22%; the Far East to the European route fell by US to US,154, a weekly decrease of 0.6%; the Far East to the Mediterranean route fell by US to US,082, a weekly decrease of 0.33%.
On the near-ocean line, the freight rate per TEU from Far East to Kansai, Japan fell by USD compared with the previous week to 5; the freight rate per TEU from Far East to Kansai, Japan remained the same as the previous week to 0; the freight rate per TEU from Far East to Southeast Asia rose by USD compared with the previous week to USD, and the freight rate per TEU from Far East to Southeast Asia rose by USD compared with the previous week to USD.
Industry insiders said that with the 90-day trade war truce agreement between China and the United States, the peak season of the transportation market is earlier than expected. At present, Chinese factories are in urgent need of shipments, and major transportation companies have successively re-deployed ships from other routes to the United States line, increasing capacity to grab cargo, and the cabin spaces have been full by the first week of June.
Be optimistic about this wave of US line shipments, the transportation company has released at least two waves of price increase offensives. One is that the freight rate per FEU rises by about 0 to ,000 in the second half of May; the other is that the basic freight rate GRI is raised on June 1, with an increase of about ,000 to ,000, and the peak season surcharge PSS is charged. If the price increase is successful at that time, the US Western Front will have the opportunity to reach the US,000 and the US Eastern Front will have the opportunity to reach the US,000 mark.
Industry speculates that China-US tariffs are temporarily suspended from 90 days to August. According to the flight from the Far East to the West and the East, shipments will increase from now to the peak in mid-June. During this period, the transportation companies will increase their capacity while shouting for freight rates. Container ships originally on the European line are expected to be redeployed to the US line, and freight rates in the European line will also follow the upward trend in June.
