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  • Japan, South Korea, Southeast Asia and other offshore routes have reproduced the phenomenon of hard-to-find cabinets!

Japan, South Korea, Southeast Asia and other offshore routes have reproduced the phenomenon of hard-to-find cabinets!

After experiencing a decline in freight rates in October.  Many foreign traders are still looking forward to further decline in freight rates.  I'm afraid the expectation will be lost.

 Because of the seriousness of European and American port congestion.  The Biden government imposed overdue demurrage fees and other reasons.  The number of European and American ships is close to saturation.  Shipping companies once again turned the price battlefield to near-ocean routes.  Some Shenzhen freight forwarders reflect.  The most popular near-ocean positions in the past two days have been booked until mid-November.  The price of routes such as Singapore, Indonesia, Thailand, and Vietnam increased by more than 20%.  And the schedule is chaotic.  The shipping company has no reason to delay and other phenomena have intensified.  A freight forwarding manager in Shenzhen revealed that the actual on-time rate of the shipping company's schedule is below 10%.  The half-month delay of the sailing schedule is normal, but due to the slow and inaccurate time update, it has caused the waste of supporting resources such as trailers.  It has brought unnecessary losses to the shipper.


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