CCTV News: With the strong recovery of China's foreign trade, many ports in China have experienced hot shipping. Shanghai Port is the world's largest container port. Stimulated by the recovery of trade, from July to October this year, the port of Shanghai successively set a monthly historical record of container throughput. Under the rebound of trade, containers are facing a shortage of supply, and the phenomenon of "a box is hard to find" is very prominent. After the winter, Shanghai Waigaoqiao is cold and windy, but the pier is full of heat. More than a dozen freighters lined up on the shoreline, and the loading and unloading trucks had to line up to unload the cargo. This has become a portrayal of the recent strong trade recovery. In October this year, the container throughput of Shanghai Port set a monthly record with 4.2 million TEUs, an increase of 15.7% year-on-year.
Strong recovery in trade Shanghai port terminal staged "container shortage"
With the surge in exports, the outbound cargo ships were almost fully loaded, but the supply of containers in the port was in short supply, which evolved into a "container shortage". It used to be "box and other people", but now it is "people waiting for box". Compared with last year, the current inventory of empty containers at Shanghai Port has dropped by 50%.
Hot orders, foreign trade companies encounter logistics tensions
This veteran foreign trade company in Shanghai exports clothing to large supermarkets in European and American countries. The popularity of orders has made the company gradually feel the tension of shipping and logistics since October. Rising freight rates, "a box is hard to find", and overseas customers continue to urge orders, make enterprises more concerned about logistics.
Stimulated by market demand, shipping companies' freight rates have risen sharply
Stimulated by market demand, shipping companies' freight rates have risen sharply. At present, the price of containers sent from Shanghai to North America has risen to five or six thousand US dollars per box, more than 4,000 US dollars to Europe, and nearly 2,000 US dollars in Southeast Asia, which are two to three times higher than before the epidemic. According to data from the Shanghai Shipping Exchange, Shanghai’s export container freight index has now doubled from the beginning of this year.
Rising freight rates, short-term port profit transfers to reduce the burden on foreign trade companies
As shipping prices continue to rise, ports and terminals have begun to take short-term profit concessions to reduce the urgent needs of export companies.
Ensuring the smooth global logistics can support the momentum of trade recovery
Industry insiders call that the global epidemic is expected to usher in the dawn after the vaccine is launched to ensure the smooth operation of global logistics to support the momentum of trade recovery.
