I'm moving internationally (from China to EU) and the quote is 2.5-3x higher than 3 months ago. Sea freight seems to be inspected at a much higher rate, and they don't recommend it, and air freight is more expensive because of much lower volume overall. Not a good time to ship your stuff. And that's when you think "I'm far away from the US and the madness does not concern me"...
Good point, but several Chinese freight forwarders say, on the contrary, the shipping lanes are empty. The "ship" costs a fixed amount, if you can make a full load, the cost is shared between parties. With LCL (less-than-container-load), I'm very dependent on the volume.
I've also seen pictures of empty roads to Yantian port circulating on LinkedIn (usually it would be completely jammed during May holidays).
That's also a far different route... Has demand for additional shipping to Europe gone up because of increased demand? Is it seasonal? Does the US army's fairly incompetent police action [1][2] against Yemeni Houthis have much impact?
If the quote is higher, doesn't that mean the demand is higher and less empty containers are available? The EU does not have an extreme tariff on most products from china, only some. I guess I'm missing something here.
Same number of ships, but they are skipping the shortcut through he Suez canal (and have been for a year) thus meaning they take longer and so can haul a lot less.
Folks are anticipating increases in shipping due to large companies making last-minute buying decisions for the Christmas holiday instead of starting to ship things now through December. As a result, it will be very hard to find a container toward Q3 (at least this is what I'm reading across news articles)
If the assumed be negative indicators for the US economy come to light, and it’s made clear that the US has committed economic suicide, now with data, there aren’t going to be many safe harbors in the world for the average person.
The Suez canal is very much affecting anyone in the EU and has for a lot longer than Trump has been in office. Almost no ships have been going that way since early/mid last year, preferring to go the more expensive/long way around Africa instead.
Well, I had two quotes: one right before the tariffs at 22 rmb/kg door to door, and one end of April, at 58 rmb/kg door to door. We shopped around quite a bit, everybody say it's crazy right now.
