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Freight rates all routes down! Us lines fall sharply

Release time: 2024-08-28   Browsing:243次
On August 23, Shanghai export container freight index (SCFI) again fell, down 5.6% to 3097.63 points, the four major routes in Europe and the United States all fell, the decline of the United States increased, the United States West and the United States East route fell 9.51% and 8.08%, while Europe and the Mediterranean route also fell 4.56% and 2.63%. The main reason is that demand is weakening and new capacity continues to increase, in this case, the primary task of the shipping company is to maintain price stability. 
The market quotation and information on the US-West route are currently more chaotic, different routes and shipping companies have different strategies, and the risk of strike by dock workers in the East of the United States has become the focus of attention. The industry pointed out that unless the strike in the East of the United States, freight rates will continue to fall.