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Freight rates in the global container shipping market hit a new high!

The dilemma of the shipping market is difficult to solve, which has driven the continuous increase in freight rates. It has also forced the American retail giant Wal-Mart to charter its own ships to ensure that there is sufficient capacity and inventory to meet the festive business opportunities in the second half of the year. This is also after the retail giants such as Home Depot and Amazon. Another big cargo owner decided to charter a ship by himself.



According to media reports, Wal-Mart executives recently stated that the threat of supply chain disruption and threats to sales is the main reason for Wal-Mart’s special chartering of goods to ensure that the third and fourth quarters provide sufficient inventory while coping with the expected rising cost pressures in the second half of the year.


Compared with the latest SCFI Comprehensive Container Freight Index of the Shanghai Aviation Exchange and the WCI World Container Freight Index of the Shanghai Aviation Exchange, both continued to record highs.


According to the Shanghai Export Container Freight Index (SCFI) data, the latest comprehensive container freight index for the week was 4,340.18 points, which continued to hit a record high with a weekly increase of 1.3%. According to the latest freight data of SCFI, the freight rates of the Far East to the US West and the US East route continue to rise, with an increase of 3-4%. Among them, the Far East to the US West reaches 5927 US dollars per FEU, which is an increase of 183 US dollars from the previous week. 3.1%; the Far East to the US East reached US$10,876 per FEU, an increase of 424 US dollars from the previous week, an increase of 4%; while the Far East to Mediterranean freight rate reached US$7,080 per TEU, an increase of 29 US dollars from the previous week, while the Far East to Europe per TEU After falling by 11 US dollars the previous week, the price fell 9 US dollars this week to 7398 US dollars. In this regard, the industry pointed out that it was a weighted and integrated freight rate of multiple routes to Europe. The freight rate from the Far East to Europe has not fallen but is still increasing. In terms of Asian routes, the freight rate of Asian routes was US$866 per TEU this week, which was the same as last week.


The WCI freight index has also continued to rise by 192 points to 9,613 points in the past week, of which the US West Line rose the most by US$647 to 10,969 yuan, and the Mediterranean Line rose by US$268 to US$13,261.


Freight forwarders said that the red light is on in the European and American consumer countries in Port Sai. In addition, they want to rush to ship shipments before the 11th Golden Week factory holidays in mainland China. At present, the manufacturing and retail industries are expanding their replenishment efforts, and even the Christmas year-end demand is also Orders were placed early to grab space. Driven by the scarcity of supply and strong demand, freight rates rose to new highs month by month. Many airlines such as Maersk began to increase various surcharges in mid-August. The market reported the increase in U.S. line freight rates in September. Brewing to expand, starting at least one thousand dollars.


The latest report from Maersk pointed out that three to four weeks before the Golden Week holiday are peak shipment periods, causing delays in most major routes, and the recent reappearance of congestion in ports in the Asia-Pacific region, the impact of the Golden Week is expected to expand this year. , Asia Pacific, Northern Europe. In order to ensure sufficient shipping capacity, Home Depot chartered a container ship dedicated to transporting its own goods; Amazon chartered ships to major carriers to carry out the festive business opportunities in the second half of the year.



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