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Come August, the freight rate of European and American routes will rise!

Elena Souhang.com 2023-08-01 16:46:19

NO.1 The freight rate of European and American routes has risen, and the increase in Europe has exceeded 30%

 

Since July, the sea freight rate of the US line has increased several times, followed by the European line. Data show that on July 28, Shanghai toEuropean freightIt rose by more than 30%, and West America rose by 10.1% (38% across the board in July).

 

The rise of the two major freight rates pushed up the latest Shanghai Export Containerized Freight Index (SCFI), which rose 6.5% to 1029.23 points, returning to the thousand-point mark. This round of market is also promoted by shipping companies in AugustEuropean and American routesEarly manifestation of price increases.

 

According to industry insiders, with the limited increase in cargo volume in Europe and the United States and the continuous investment in new shipping capacity, shipping companies have reached their limit in reducing space and shifts. Whether the freight rate can maintain the upward trend in the first week of August will become an important focus of observation.

 

NO.2 Canadian dockworkers threaten to strike again

 

Dockworkers on Canada’s west coast have rejected a proposed mediation deal submitted by the federal government, raising the prospect of another disruption to the workforce at the country’s busiest port, according to a new report from Bloomberg. This means that since July 1, during the strike period, the daily backlog of 700 million yuan of goods at the terminal has continued to be cleared.

 

Members of the International Terminal and Warehouse Union (ILWU) have rejected a deal that would raise wages by 19.2 percent over four years, according to a statement from the British Columbia Maritime Employers Association (BCMEA) late Friday. The union leadership advised its members to vote for the strike.

 

NO.3 "China Southern Airlines Express" International Product Officially Released

 

China Southern Airlines Logistics recently held a "China Southern Airlines Express" international product launch conference in Guangzhou, officially launching "China Southern Airlines Express" international products covering Southeast Asia, Europe, America, Australia, New Zealand, Japan, South Korea and other regions. Where else is most time-sensitive, helping connect global supply chains.

 

"China Southern Airlines Express" international product is China Southern AirlineslogisticsOn the basis of summarizing the operation experience of domestic express products, further strengthening resource management, enriching product content, and upgrading services, the products with the highest transportation timeliness launched for the international market. standard. Customers can enjoy five major benefits including priority approval of shipping space, delayed delivery at departure, priority installation, fast delivery upon arrival, and brand-new electronic platform experience.

 

NO.4 American freight giant Yellow collapses

 

Source: CCTV Financial Invasion and Deletion

 

Yellow, a 99-year-old freight giant in the United States, declared bankruptcy on Sunday local time and will immediately cease operations, resulting in about 30,000 employees losing their jobs.

 

The shutdown is the largest in the history of the U.S. trucking industry in terms of job losses and lost income.

 

The company, which received 该公司在2020年获得了0万联邦大流行救助资金,但未能扭转命运,正准备申请破产,并正在洽谈出售全部或部分业务。 million in federal pandemic relief funds in 2020 but failed to turn its fortunes around, is preparing to file for bankruptcy and is in talks to sell all or part of the business.

 

NO.5 my country's new ship orders this year are expected to exceed 50 million dwt

 

The China Shipbuilding Industry Association stated on July 31 that it is expected that the global shipbuilding completion volume will remain at a relatively high level of 90 million deadweight tons in 2023, and the number of new ship orders will exceed 100 million deadweight tons, and the number of new ship orders will exceed 100 million deadweight tons , The order volume of new ships will exceed 100 million dwt. Orders in hand will remain at around 220 million dwt.

 

my country's shipbuilding completions will exceed 42 million deadweight tons, new ship orders will exceed 50 million deadweight tons, and hand-held ship orders will remain at around 120 million deadweight tons.