NEWS

Current Location:HOME>News
Current Location: HOME>News
b>Multinational port congestion paralyzed, international shipping prices skyrocketed

Due to the continued global epidemic, the decline in international logistics capacity, the skyrocketing price of international shipping, and the lack of containers due to unloading of warehouses has become the norm. Global foreign trade export companies are facing the problems of "hard to find one cabin" and "hard to find one box"


The China Container Industry Association stated that since July, China’s export volume has risen sharply, and the demand for export containers has soared. Whether it is the shipping market or the China-Europe freight train, there has been a shortage of container sources, soaring freight rates and delayed turnover.

 

Huang Tianhua, president of China Container Industry Association and vice president of CIMC, predicted that the shortage of containers may continue for about half a year. He said: We have monitored that if China has 500,000 new containers on standby at the wharf or port, it is in a completely healthy state, but the current tightness is a little bit tighter, with an inventory of about 300,000 new containers. I expect it to be possible. In the next three months to six months, this slightly tense balance will continue. This is probably a trend in the current industry."


Next: No content