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China Exports To The United States, Container Transportation Market Report

May 25,2019 by JC LOGISTICS

   North American routes,sino-us trade friction on the market continued to expand the adverse impact,the overall decline in market volume.Although airlines cut capacity supply through temporary suspension and other measures to maintain a stable supply and demand relationship,the market fundamentals will remain under long-term pressure.This week,the average utilization rate of shipping space in Shanghai port on the west and east routes is around 95%.Most airline companies see light after the trend,put off the mid-month freight rate increase plan,and some airline companies slightly cut booking freight rates to maintain competitiveness,spot market freight rates continue to fall.On June 14,the freight rate(sea freight and surcharge)of Shanghai's exports to the basic port of west and east of the United States was usd 1,416/FEU and usd 2,464/FEU,respectively,down 1.6%and 1.5%respectively from the previous period,and down 26.7%and 21.0%respectively from the beginning of the year.

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