August and September are the traditional peak season for shipping. With the peak season ahead of this year, the current shipping market is booming. The specific manifestation is that the price has risen again!
According to the latest data from the Shanghai Shipping Exchange on September 3, the Shanghai Export Container Freight Index stood at 4502.65 points last week, a weekly increase of 2.67%, a weekly high for more than three consecutive months.
Among them, the freight rate of the Far East to the US West route increased the most, and the freight rate per FEU exceeded US$6,000 to US$6,266 for the first time, an increase of 5.33%; the Far East to the US East route was US$11648 per FEU, an increase of 4.58%.
According to the Global Container Freight Index (WCI) released by Drewry, the WCI freight index continued to rise by 1.7% or $170 a week until September 2, and the freight rate per FEU has reached $9,987.27.