Rise to doubt life! Which shipping company increased the most from September to October?
Port congestion and rising freight rates have gradually become the norm. August and September are the peak season of shipping. Under the influence of the epidemic, it is even more prosperous. The freight rates of the US line rose to a new high, the European line rebounded after falling for three weeks, and the freight rates of major routes generally reached a new high.
According to the latest data of Shanghai Shipping Exchange on September 3, the Shanghai export container freight rate index stood at 4502.65 points last week, with a weekly increase of 2.67%, reaching a new high for more than three consecutive months.
Among them, the freight rate from the Far East to the western United States increased the most, with the freight rate per feu exceeding US $6000 to US $6266 for the first time, an increase of 5.33%; The freight rate from the Far East to the east of the United States was US $11648 per feu, an increase of 4.58%. The Far East to South America line rose slightly by $12 to $10012.
Meanwhile, the freight rate per TEU from the Far East to Europe continued to decline and began to recover after three weeks, rising slightly by 1.06% to US $7443. The Far East to Mediterranean line freight rate rose $164 to $7289. The newly rising Australia Singapore line also broke through the $4000 barrier, up $192 to $4154. Among the major routes, only the West Africa line fell by $72 and the freight rate per TEU was $8340.
According to the global container freight index (WCI) released by Drewry, the WCI freight index continued to rise by 1.7% or $170 a week as of September 2, and the freight rate per feu has reached $9987.27.
Industry insiders pointed out that the epidemic has changed the global logistics supply chain, reduced the operation efficiency of terminals in Europe and the United States, gradually became the norm of port congestion and ship congestion, and it is difficult to find a ship in the global shipping market. At present, the idle capacity of container ships accounts for only 0.7%, which is a historical low, indicating that most ships have been put into operation. Due to the large market demand and small supply, the freight rates of near ocean and ocean lines are rising together. It is expected that the centralized transportation industry is expected to hand over the best profit report card in history.
All major shipping companies have released the details of the new wave of price increase from September to October, including comprehensive rate increase surcharge (GRI) and fuel surcharge (BAF).
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