THE Alliance announced 36 cancellations, followed by 2M and Ocean Alliance, 33 and 32 cancellations, respectively.

After the outbreak of the global epidemic, international freight rates soared due to supply chain disruptions, port backlog and surge in goods, and a number of shipping companies made a "full of money". At the beginning of the year, a news report that " Evergreen Sea Transportation year-end bonus was given 40 months of monthly salary" made people call it "too rich"....

50,000 → 10,000! Container freight rates plummeted! The shipping market is now in "ice and fire" market

According to data released by the Shanghai Aviation Exchange on September 23, the latest issue of the Shanghai Export Container Freight Index (SCFI) fell 240.61 points to 2072.04 points, a weekly decline of 10.40%, down 15 consecutive weeks, down nearly 60% from the historical high of 5109 points at the beginning of the year.

htmlJuly to September is the traditional peak season for my country's cargo exports, and container freight rates have also risen. However, this year, container freight rates, which had been rising all the way, have fallen one after another in recent years. What is the reason that leads to the "ice and fire" in the maritime market?

Ms. Fu, who runs a tableware business in Yiwu, Zhejiang, recently found that the shipping costs have dropped again. July to September each year is the traditional peak season for my country's cargo exports, but this year, container freight rates have not only not increased, but have continued to decline, and some routes have even plummeted.

Business Manager of a supply chain company in Zhejiang: The US route has dropped sharply. In September last year, the highest market selling price was 50,000 US dollars, and now it is a market selling price of more than 10,000 yuan. The Red Sea, , Middle East , India and Pakistan have all also dropped.

Since the beginning of this year, the soaring sea freight market has suffered from cold waves. With the recent trend of continuous decline in sea freight prices, the situation of the "peak season" of the sea freight market has become increasingly obvious.

Golden Week is approaching! Shipping companies suspended flights on a large scale, and the three major alliances canceled more than 100 flights

With the arrival of the National Day Golden Week, liner companies' recent suspension plans have also followed. A large number of capacity "adjustments" will be made during China's National Day holiday.

According to the latest data released by Drury on September 23, the three major shipping alliances in the world canceled a total of 101 voyages in the next five weeks (weeks 39-43). THE Alliance announced 36 cancellations, followed by 2M and Ocean Alliance, 33 and 32 cancellations, respectively.

Among the major routes such as Trans-Pacific, Transatlantic Ocean and Asia-Nordic Europe and Mediterranean , among the 744 scheduled voyages, there were 117 voyages announced cancellations between Week 39 and Week 43, with a cancellation rate of 16%. During this period, 68% of blank voyages will occur in the trans-Pacific eastbound, 25% in the Asia-Nordic and Mediterranean and 7% in the transatlantic westbound trade.

Drewry said that weak demand for major East-West trade in Asia exports, coupled with the Golden Week (October 1-7), led to carriers suspending flights to offset the decline in freight volume and spot freight rates. In fact, some shipping companies have terminated some of the trans-Pacific services provided to the United States and the West. For example, Matson canceled the CCX route connecting China and the United States and the West in mid-September before the peak season.

In the eyes of many freight forwarders, sea freight costs will inevitably decline in the context of global economic inflation, the impact of the epidemic, and the food and energy crisis, and the Russian-Ukrainian conflict. It is still unknown what the market will be like in the next few months or even next year. When the dividends of the epidemic fade, how should freight forwarding companies break through the development bottleneck?

hereby reminds that the recent congestion in strikes in ports such as the UK and Europe continues. In addition, the Golden Week has arrived, and the flights have been suspended on a large scale in the next few weeks. There are shipments in the near future, and there are reasonable arrangements for shipments, so pay attention to risk prevention! Forwarding Zhouzhi~