Freight forwarders predict global online shopping demand will continue past the peak holiday season, stretching container volumes to their limits and pushing specialist freighter planes to be brought onto global fleets. According to Hapag-Lloyd AG, current predictions see only a 2% dip in container volume for Christmas 2020 compared with industry experts’ initial forecast of a 15% slump
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Chinese express retail service Alibaba reduced delivery times and added air freight routes to meet record-breaking demand during the global shopping event, Singles' Day.
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Industry forecasts show Asia-Europe rates continue to rise as online consumer demand remains strong. At an all time high in 6 years, the rates and surcharges are allowing carriers to cover the container recovery costs. Up by 21% in mid-November to $1,508 per TEU, high spot rates for China-North Europe are expected to steadily increase as consumer demand is predicted to grow.
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Follow SeaRates for more industry news, updates and freight tools.
This week, we have:
Made improvements to the way we work with shipping lines.
Updated tools including Load Calculator API and Logistics Explorer.
Introduced a new pricing plan
Grown the Digital Freight Alliance to 906 members
View all our latest updates: https://bit.ly/34CsS9D
Made improvements to the way we work with shipping lines.
Updated tools including Load Calculator API and Logistics Explorer.
Introduced a new pricing plan
Grown the Digital Freight Alliance to 906 members
View all our latest updates: https://bit.ly/34CsS9D
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Dear Partners,
This year was a turning point in the history of our cooperation, as we became part of the global DP World family. Thanks to the latest transformations, there is a lot of ongoing development in our services and applications, and 2021 promises to be very interesting and technological!
We thank you for staying with us and not leaving us even when there were some interruptions or difficulties. We promise to provide the highest quality service and stay ahead of the market.
Wishing the very best Christmas and New Year to you and your loved ones!
This year was a turning point in the history of our cooperation, as we became part of the global DP World family. Thanks to the latest transformations, there is a lot of ongoing development in our services and applications, and 2021 promises to be very interesting and technological!
We thank you for staying with us and not leaving us even when there were some interruptions or difficulties. We promise to provide the highest quality service and stay ahead of the market.
Wishing the very best Christmas and New Year to you and your loved ones!