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The import and export volume of goods has grown strongly, and the shipping market is hot!

Date:2024-05-22 14:00:00     View:

Foreign trade is booming
Shipping market under pressure
 
According to the latest customs statistics, in the first four months of this year, Shenzhen's total import and export volume reached a staggering 1.41 trillion yuan, with a year-on-year growth rate of 33.9%. This performance is not only better than the national and provincial average, but also accounts for an important share of 10.2% and 50.3% of the national and provincial total import and export volume.
 
 
01、Container supply is tight and ship leasing costs are soaring
 
 
In the global shipping market, however, a different picture is presented. In a report released on May 9, Kuehne + Nagel, the world's largest shipping freight forwarder, pointed out that after the May Day holiday, the global shipping market is still facing a shortage of containers. Major shipping companies have experienced varying degrees of shortage of containers at major departure ports, especially large tall containers.
 
Despite the continuous delivery of new ships, the number of vacant ships available for lease is decreasing, and the leasing costs of ships above 1,700 TEUs have risen sharply.
 
In addition, China's active development of the South American market has also led shipping companies to invest a large amount of capacity in the South American route, further exacerbating the tight space on the European and Mediterranean-Red Sea routes. Many containers cannot be returned in time due to detours, further exacerbating the shortage of space. Although South China has a high acceptance of special requirements, some ports still face serious container shortages.
 
 
 
02、Summarize
 
The various difficulties in the shipping market have not only pushed up freight rates, but also made shipping space extremely popular. Faced with this situation, sellers need to flexibly adjust their shipping strategies.
 
 
First, it becomes crucial to plan and book space in advance to ensure that sufficient space is available in a tight market environment. Second, in addition to relying on sea transportation, sellers can also consider using diversified transportation modes such as air transportation and rail transportation to reduce dependence on a single mode of transportation.
 
At the same time, close cooperation with logistics companies has become crucial. By strengthening communication with logistics companies, sellers can keep abreast of market trends and adjust delivery plans. Establishing long-term and stable cooperative relationships can also help ensure a stable supply of space.
 
 
However, during this special period, sellers still need to be wary of low-price fraud in the market to avoid being deceived. The increase in transportation costs caused by reduced capacity and tight space will eventually be passed on to cargo owners, especially those sellers with lower-value goods, whose profits may be seriously affected.
 
Market analysis predicts that continued increases in freight prices seem inevitable for some time to come. We hope that the market can return to reasonable price levels as soon as possible.