International shipping and logistics market update - Week 29/2023
International logistics and container shipping market update on Asia, Europe and North America routes in the week of 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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Source: Phaata.com
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