(+86)-0755-89205789 丨  sales@stusupplychain.com                   NVOCC:MOC-NV09192 | FMC:030310

NEWS & BLOG

No price increase! MSC: Maintaining the current freight price until mid -April

Views: 0     Author: Site Editor     Publish Time: 2024-03-26      Origin: Site

Because the shipments after the festival have failed to meet market expectations. Recently, the Mediterranean Shipping (MSC) has verbally notified the freight forwarding, which will maintain the current US -line freight price quotation until April 14.


The industry believes that MSC, as the largest shipping company in the world, has a market share of nearly 20%. It may be that it hopes to increase the loading rate and seize the supply through this.


Some people in the industry in the industry revealed that although the amount of goods in the United States has increased, the problem of excess capacity of capacity still exists, and the shipping company can only act with caution.


The freight price not only needs to consider the acceptance of the owner, but also requires the tacit cooperation of all parties in the industry. Once a ship company adopts a strategy of bargaining the goods, the freight rate may be loosened.


The shipping industry originally expected that the resumption of work after the traditional year can bring a wave of shipments, and achieved rising freight rates at the end of March and at the end of the first quarter. However, this expectation has not been realized, and the March price increase plan has finally fallen.


However, because the current freight price is relatively high compared to the same period last year, it is more difficult to rise. According to the offer of multiple goods, the current shipping price of the West West Line is about $ 3,000-3200 per 40 feet.


Nevertheless, it is understood that the offer of another shipping giant Masky at the end of March has dropped to $ 2,800, with conditions with a cancellation cost of $ 200, showing that the shipping price of the US Western route is in dangers at the $ 3,000 mark.


The industry generally believes that although the market has been fully resumed, European and American inflation has not significantly declined, interest rates are still high, and it has continued to affect spending power. At present, the market volume is not enough to support the freight rate, resulting in a decline in freight rates after the year.


Judging from the current market situation, it is still difficult to change this situation in the first half of April. It is expected that the freight rate is likely to be flat or slightly amended, and the recovery of market demand will become a key factor in determining the trend of freight rates.

OOG Cargo Transport Services

Follow Us on Social Media
STU Supply Chain is international freight agent and logistics supply chain management company.
Home
Copyright © 2021-2022 STU Supply Chain Management(Shenzhen)Co., Ltd.