Shipping prices have been on a surge in recent months . Spot container freight rates between Asia and the United States have continued to soar in the past few weeks. Freight rates in the West and East routes have risen to their highest levels since 2019 .

According to the weekly report on China's export container transport market released by the Shanghai Shipping Exchange, the average number of cabins for ships on the US West and US East routes from Shanghai Port is at full load levels, with some routes even experiencing overload , and freight pressure has increased sharply.

In this September, most airlines chose to increase their booking prices .

Recently, some well-known shipping companies announced that they will increase their freight rates in Asia starting from September.

• Screenshot of CMA CGM official website

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• In addition, CMA CGM has published the latest freight rates (FAK) from all ports in Asia to various destinations around the world, starting from September 1 (date of shipment at the port of origin) until further notice (but not later than September 14):

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• Major ports in Asia:

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• Major ports in Asia:

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• All ports in Asia (including Japan, Southeast Asia, Bangladesh):

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In fact, not only shipping prices have skyrocketed, but air freight prices have also continued to rise. According to the latest tracking data from Airfreight Index Co., freight rates from China to Europe and the United States rose by 6.2% and 4.9% respectively last week.

The current global epidemic situation remains severe, and the supply of shipping capacity in various countries is still limited due to the suspension of ships. With the peak season approaching in the second half of the year and demand increasing, freight prices are expected to continue to rise.

Here we would like to remind sellers who have shipping plans in the near future to communicate well with shipping companies, customers, etc., and make shipping plans in advance to avoid affecting shipments!

(Source: FBA Information)