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The freight rate of west coast has exceeded 2000 dollars! Shipping company will suspend the voyage and reduce the shift

Time:2022-10-09 Publisher:Kevin Num:2728

It is obvious that compared with the initial stage of the epidemic, the centralized transportation market is not as hot as before, and the price is also falling.

Moreover, there is no sign that the container freight rate has stopped falling so far. The Shanghai Export Container Freight Index (SCFI) fell below 2000 points in the last week of September, falling for 16 consecutive weeks.

The latest SCFI index of Shanghai Airlines Exchange fell 149.09 points to 1922.95 points, down 7.2% weekly and 39% monthly.

The SCFI index has been falling since September. Among them, the US West Line and the European Line have fallen below 3000 US dollars, and the volume of goods in Asia has all declined.

Industry analysts pointed out that global inflation and monetary tightening have led to a sharp freeze in international transport demand. The drop in freight rates is expected, but the decline is larger than the market expectation.

Cargo volume and freight rate all fell, and major shipping companies have suspended some US line services

As the demand level of global trade routes drops sharply, shipping companies are preparing to implement the most severe liner service cuts since the outbreak of the epidemic.

MSC said that as the demand of the US and Spain from China has been "significantly reduced", MSC will "rebalance its transport capacity and first suspend a complete airline service.

On the other hand, due to the sharp drop in freight rates, following the cancellation of China California Express (CCX), China United Shipping and Jinjiang Shipping's suspended joint operation of TPX service last week by Meisen Ship, and the closure of direct flights between the United States and Spain by Dafei Ship.

In fact, some experts pointed out that following the recent suspension and reduction of trans Pacific services, the three major alliances are considering suspending some Asian Nordic loop services, with the impact of a sharp decline in orders and slowing down the impact of a sharp decline in freight rates.

IIn term of European routes, due to the strike of Felixstow and Liverpool, the two major ports in Britain, Rotterdam, Hamburg and other important ports in Europe have been blocked.

In Europe, because many ships in the port of Cyprus cannot return to Asia, the original weekly shipping schedule is now only 2 to 3 flights back to Asia a month, and shipping companies have already sold shipping space at a higher price.

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