Shipping cost reach a new high
                          2021-9-3
The sea freight between China and the United States is as high as 20000 US dollars!
The rise in freight rates will continue until the Spring Festival.

With the rebound of the global economy and the recovery of commodity demand, shipping freight rates are rising this year. With the upcoming shopping season in the United States, retailers continue to increase orders, doubling the pressure on the global supply chain. The container freight rate from China to the United States has exceeded US $20000 / 40 foot container, a record high.
 
The spread of delta variant virus accelerated, resulting in the slowdown of global container turnover; And because the virus variant has a particularly great impact on Asia, many countries have cut off the land line passage of seafarers. A large number of tired employees cannot rotate, and more than 100000 seafarers are still trapped at sea after their tenure.
 
In addition, the floods in Europe in mid and late July and the typhoons in the coastal areas of South China in late July and recently further damaged the global supply chain that has not been restored.
 
These are the important reasons for the new record of container freight.

Philip Damas, general manager of Drewry, a maritime consultancy, pointed out that global container transportation has become a highly chaotic and under supplied seller's market; Many shipping companies charge four to ten times the normal price. This phenomenon has not been seen in the shipping industry for more than 30 years. And it is expected that this "extreme freight rate" will continue until the Spring Festival in 2022.