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Reasons for skyrocketing sea freight

1. Since the outbreak of the epidemic, the demand for global cargo transportation has declined sharply. Major shipping companies have suspended routes, reduced the number of export containers, and dismantled idle container ships.

2. Affected by the epidemic, the suspension of production by foreign manufacturers has not been alleviated. Looking at the daily update of foreign epidemic reports, the epidemic has not been effectively controlled. Compared with the domestic control of the epidemic, domestic production companies have long been With the resumption of production, the proportion of domestic exports of materials has greatly increased, resulting in a shortage of space.

3. Affected by the U.S. election and the demand for Christmas, many European and American merchants began to stock up.

Since September, the export ratio has risen sharply, causing a large number of containers to accumulate abroad, and there is a general shortage of containers in China. Many shipping companies cannot release equipment orders and frequently fail to pick up boxes.

If you do not consider other reasons and simply look at the time node, the shipping costs will also increase from September to November of the previous year. Therefore, in the three months of this year, the freight rate of China-US shipping routes has skyrocketed by 128%. The phenomenon of rising.

In such a bad situation, LGLPAK actively mobilized resources and arranged in advance to obtain space for customers.


Post time: Dec-29-2020