Container Freight Rates Have Risen Sharply

- Dec 08, 2020-

Under the impact of the new crown pneumonia epidemic, global trade has been affected this year. 


However, despite the booming logistics demand, the capacity is declining. International transportation capacity is tight, container shortages have become the norm, and container freight rates have risen sharply. 


Almost all major routes, such as West America, South America, Vietnam, and the Philippines, have been spared. According to analysis by industry insiders, the "box shortage" phenomenon will continue for at least some time, and the situation next year is not optimistic.