International shipping and logistics market update - Week 29/2023

Phaata International shipping and logistics market update - Week 29/2023

1. Asia - Northern America route

The freight rate from Asia to North America West Coast in the week 29/2023 increased strongly to $ 1,801 / FEU, equivalent to a sharp increase of 24.21% compared to the previous week and an increase of 41.92% compared to the previous month, according to Xeneta data.

Asia- US West Coast Freight rate | Week 29/2023 (Image: Phaata.com)

2. Asia - Northern Europe route:

The ocean freight from Asia to Northern Europe in the week of 29/2023 fell slightly to $1,199/FEU, up 1.15% from the previous week and down 4.84% from the previous month, according to Xeneta data.

Asia-Northern Europe Freight rate | Week 29/2023 (Image: Phaata.com)

3. Northern America - Asia route:

The freight rates from North America (West Coast) to Asia in the week of 29/2023 increased by 4.74% compared to the previous week, to 862 USD/FEU. This price increased by 3.73% compared to the previous month.

US West Coast - Asia Freight rate | Week 29/2023 (Image: Phaata.com)

4. Northern Europe-Asia route:

The freight rate from Northern Europe to Asia in the week of 29/2023 decreased by 2.67% compared to the previous week, to 401 USD/FEU. This price decreased by 14.32% compared to the previous month.

Northern Europe - Asia Freight rate | Week 29/2023 (Image: Phaata.com)

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Find Logistics Companies here.

Read more:

• International shipping and logistics market update - Week 28/2023

Source: Phaata.com 

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