Freight "cut in half"! 14 straight losses! A large area of shipping companies suspended flights, cancelled more than 100 voyages! The price grabs are getting worse...

In the past two years, the shipping rate has been rising, and the sky-high freight rate is "live for a long time", which has brought a lot of pressure to foreign trade enterprises. After experiencing an unprecedented boom, the recent decline in freight rates on major routes continued to expand, and the price competition in the container shipping market became increasingly fierce....

In the past two years, the shipping rate has been rising, and the sky-high freight rate is "live for a long time", which has brought a lot of pressure to foreign trade enterprises. After experiencing an unprecedented boom, the recent decline in freight rates on major routes continued to expand, and the price competition in the container shipping market became increasingly fierce....

According to the latest data released by the HNA Exchange on September 16, the SCFI index continued to fall 249.47 points to 2312.65 points last week, continuing to hit a low point since December 2020, and the decline was slightly convergence to 9.73% compared with the previous week. Compared with the record high of 5109 points at the beginning of the year, the SCFI index has fallen by nearly 55%. It has fallen for 14 consecutive weeks and has halved since its all-time high earlier this year.