Strong rebound, the United States and West rose 17%, and many shipping companies pushed up freight rates

Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, focusing on European, American, Canadian, Australian, Southeast Asia and other markets, and is more than the owner of the cargo owner~

Due to the continued impact of US tariff policies, global freight rates have been sluggish for a long time.

However, recently, the latest issue of the Shanghai Container Export Freight Index (SCFI) was 1445.06 points, with a weekly increase of 2.1%, ending the 11-week decline and starting to rebound.

Last week, several shipping companies have begun to push up their September freight rates.

Among the four major routes, freight rates in the United States and the United States began to rise, with the weekly increase of 17% on the US Western Front and the weekly increase of 9.7% on the US Eastern Front; while the European Line and Mediterranean Line continued to fall, with a drop of 11.2% and 3.6% on the other hand.

Specifically, North American route market freight rates rebounded. On August 29, the market freight rates (mass and sea freight surcharges) of Shanghai Port to the West and East of the United States were US,923/FEU and US,866/FEU, respectively, up 17.0% and 9.7% from the previous period, respectively.

For European routes, transportation demand lacks further growth momentum, and market freight rates are still falling. On August 29, the freight rate (sea and sea freight surcharge) of Shanghai Port exports to the European basic port market was US,481/TEU, down 11.2% from the previous period.

The market conditions of the Mediterranean routes remain synchronized with those of European routes, the supply and demand fundamentals are slightly weak, and market freight rates continue to decline. On August 29, the market freight rate (mass and sea freight surcharge) of Shanghai Port exports to the Mediterranean Basic Port was US,145/TEU, down 3.6% from the previous period.

The freight rates of the Persian Gulf route continued to rise. On August 29, the freight rates of Shanghai Port exports to the Persian Gulf basic port (sea and sea freight surcharge) were US,579/TEU, up 6.8% from the previous period.

The market booking prices of ANZ routes have also risen. On August 29, the freight rate (mass and sea freight surcharge) of Shanghai Port exports to Australia and New Zealand Basic Port was US,325/TEU, up 4.6% from the previous period.

In South American routes, transportation demand has grown weakly and market freight rates continue to fall. On August 29, the freight rate (mass and sea freight surcharge) of Shanghai Port exports to South America's basic port market was US,027/TEU, down 2.6% from the previous period.

The transportation market for Japan's routes remained stable, and the market freight rates rose slightly. On August 29, the freight index for China's export to Japan was 957.13 points.