According to the latest report released by Linerlytica, shipping charges in Asia and Europe are expected to continue to rise throughout December as shippers drive out cargo before Christmas.International logisticsEffects on the transport market.

Asia to Northern Europe and the Middle EastThe MaritimeRise of price.

The latest Shanghai Container Shipping Price Index shows that shipping prices from Asia to Northern Europe have risen by 9% to $925/TEU, while shipping prices from Asia to the Mediterranean have risen by 10% to $1387/TEU.

Return shipping and channel switching to mitigate the impact of new ship delivery

Meanwhile, the return shipping of Asia-Europe routes and the change of the Panama Canal are mitigating the impact on the market of this year’s record 2.2-million standard boxes of new ship deliveries.These measures help keep transport fluid and reduce the market pressure that may arise from new ship deliveries.

Changes in Asia to United States routes

Routes from Asia to the eastern coast of the United States dropped slightly by $5 to $2441/FEU, while routes from Asia to the western coast of the United States rose slightly by $23 to $1669/FEU. Panama Canal transit quota restrictions forced some routes from Asia to the eastern coast of the United States to switch through the Suez Canal or bypass the Good Hope Corner.

Linerlyticas comments on the Canal Canal

Linerlytica noted that shipping companies are paying a heavy price to avoid long delays on the canal due to failure to obtain a priority channel. Though the Panama Canal draft limits the total container throughput, the East Coast’s capacity remains sufficient to meet market demand.

Recommendation for Foreign Trade Plan

As shipping prices continue to rise, foreign trade industry practitioners should do shipping queries, shipping queries and shipping plans before shipping to deal with possible market fluctuations and shipping costs changes.

The forecast for the increase in shipping prices, especially during the Christmas shipping season, has had a significant impact on global trade transportation. Companies and shippers need to pay close attention to market dynamics and reasonably arrange logistics and transportation plans.