Due to the novel coronavirus pneumonia epidemic, the international logistics capacity has declined, resulting in the increase of the freight rate of the container ships. The shipping price of the US west route has increased nearly 3 times compared with the beginning of the year. Under the background of the tight transport capacity, the industry has frequently thrown off the container.
As of October 9, the market freight rates of Shanghai’s exports to the basic ports of the western United States and the eastern United States were US $3848 and US $4622, respectively. The freight rates of the US west route have reached a new high since the release in 2009, nearly three times higher than the price of US $1361 per container in early March.
Even now that China has fully resumed work and production, and European and American countries have restarted economic activities, the epidemic has brought a heavy blow to the container shipping companies. It will take time to restore the normal transportation state in the past. In addition, the peak consumption season in the United States is coming. At present, it is still a probable event that the shipping prices will remain high in the next period of time.