Freight rates are rising to the point of vomiting blood! UPS and FedEx rates have increased by 50%! The US and Europe routes remain high, and Japan is "stable"!

With the arrival of autumn and winter, experts warn that the second outbreak of the global epidemic has begun.

According to data from Worldmeters, a real-time epidemic statistics website, as of October 19, Beijing time, the number of confirmed cases of new coronary pneumonia worldwide has exceeded 40 million, with the latest data reaching 40,278,207 cases, and the cumulative death toll has exceeded 1 million.

Experts warn that due to the drop in temperature in autumn and winter and the increase in virus activity, the risk of the epidemic spreading again is inevitable, so necessary prevention and control measures must still be adhered to. In response to the second outbreak of the epidemic, countries around the world are also taking various measures to raise people's awareness of epidemic prevention and strictly control the epidemic.

After Prime Day, Amazon entered the holiday shopping season. Now, Amazon has launched the "Holiday Dash" event, launching special holiday shopping items every day, covering categories such as toys, fashion, electronics and household items. In order to alleviate the increased online shopping pressure and supply chain pressure caused by the epidemic, the shopping season has also been advanced by nearly a month.

At the same time, the price of last-mile delivery is about to increase , and sellers' logistics costs will increase.

As the peak season approaches, air freight prices have already skyrocketed. Amazon said in a notice that the U.S. Postal Service will implement a temporary commercial price increase from October 18, 2020 to December 27, 2020, so the U.S. Postal Service's rates for purchased shipping will increase to match this price increase.

It is reported that many freight forwarders said that UPS recently issued a notice that the back-end delivery discount will be reduced starting from the 18th, and UPS logistics prices have skyrocketed again.

According to reports, UPS and federal delivery fees will increase by 50%, and US dedicated line fees will increase by 20%, with an estimated increase of 3-5 yuan.

During the peak season, freight rates rise, logistics delivery is slow, and warehouse overflow problems will occur accordingly. In addition to making good delivery plans, sellers can also reduce transportation costs by optimizing product packaging, weight and volume, and light and small plans.

According to shipping sources, container freight rates are constantly breaking records this year.

Data released by the Shanghai Shipping Exchange showed that as of October 16, the Shanghai Export Container Comprehensive Freight Index was 1448.87 points, up 0.7% from the previous period.

  (Photo source: Shipping Network)

Freight rates:

(Photo source: Shipping Network)

(Source: WeChat public account Cross-border Live)