Ocean freight between China and the US continues to rise
2021-09-15 17:12:15 [Print]
During the peak season of sea transportation, the ocean freight between China and the US rebounded to above $20,000/FEU (40-foot standard container)
. At the same time, CMA CGM and other shipping giants suddenly announced a freeze in freight rates. Till September 12, 2021, the sea freight prices between China/Southeast Asia and west coast of North America, China/Southeast Asia and east coast of North America continued to edge up, both exceeding the $20,000 . Huo Jianguo, the Vice President of CWTO, said the shipping companies' attitude suggested a stable trend of the global shipping prices.