EU Sea Freight
The strikes at the ports of Felixstowe and Liverpool in the UK have ended. But the Liverpool port workers plan further strike for a week from October 11. The vessel dwell times up by more than 88.1% month-over-month. On average, containers wait about seven days at Felixstowe before being loaded onto a vessel, but the strike caused export containers to wait as long as 21 days in port while import containers waited as much as 13 days.
In addition, the UK confirmed that the railway will go on strike on October 8, and the supply chain will be further disrupted. As the uncertainty of the industrial disputes still exists, some capacity ships may completely avoid the ports of Felixstowe and Liverpool in the short term.
CN-EU International Trucks
Recently, Russia bans cargo transit from ‘unfriendly countries’, The ban applies to bilateral and transit goods transported by road. According to the latest news, the sanctions are mainly aimed at EU transport companies, and have no direct impact to China-EU truck freight transportation of our company’s.
CN-EU Railway Express
Affected by the increase of the freight volume and the imperfect railway infrastructure in the countries along the BRI, the reloading efficiency of port is relatively low, and the congestion continues. The estimated delay time for the reloading is 5-7 days.
· Europe -Shipping Tips:
1. The suspension and reduction of Ocean Freight will continue
Affected by the supply and demand, in order to curb the sharply falling freight rate, The Carrier will take a series of suspensions and reductions to control the violent price fluctuations. It is difficult for the demand for container orders to rebound significantly in the short term. Therefore, expected that the phenomenon of suspensions and reductions will continue for a while.
2. Preparing for Christmas, Truck Freight is the first choice!
In principle, the bans and sanctions between Russia and the EU will be without affecting the rights and interests of the third party countries as much as possible, so neither Truck Freight nor Rail Freight are affected by sanctions, the routes pass through normally and thetimeliness remains stable.
1. Cargo volumes at the Savannah port are still at a low level due to the impact of Hurricane Ian. Meanwhile, at the Jacksonville port, the import container dwell time has risen to nine days compared to the previous week, and port Canaveral and Jaxport closed along with two major container terminals at the port Miami.
2. The cargo volume continued to decline in west America port of Los Angeles, since the high level in June fell by more than 50%, currently Terminal Dwell is average of 3.6 days. The number of chassis at the Port Oakland is very tight, with yard utilization at 73%; in addition, the impact is significant as orders continue to decline has led to more blank sailing and suspensions in the maritime market.
· USA -Shipping Tips:
1. The suspension and reduction of flights in the America sea freight will continue for a short time, but it isn’t expected to be too long.
Shipping companies will further reduce the sailing suspension to control price fluctuations, but the U.S. stock ratio and consumer demand are still having flexibility, and for retailers, they are now clearing their Inventories by discounting and working to pave the way for later restocking, so the supply and demand problem will not last long.
2. West USA ports are smooth, General shipping / full container has good time efficiency, and it is the first choice for high cost performance.
Due to the market of ocean freight generally shifted from the U.S. West port to the U.S. East, so recently U.S. West general shipping’s time efficiency and stability are better, more cost-effective and recommended!
CN-US Express Register Solutions
Affected by the overall weak demand of the market, airlines’ cargo throughput fell 8.3% year-on-year, improved from 9.7% in July. August sales were down 5% year-on-year and down 4% from pre-epidemic levels. According to the Baltic Air Index, air freight costs from Hong Kong and Shanghai to North America fell 19 % and 42 % in September. Asia Pacific air exports were down 20 % from last year’s peaks, while North American outbound tonnage was down 12 % year-on-year.
Goods without or with battery are all shippable.