International shipping and logistics market update - Week 26/2023

Phaata International shipping and logistics market update - Week 26/2023

1. Asia - Northern America route

The freight rate from Asia to North America West Coast in the week of 26/2023 continued to decrease slightly to 1,228 USD/FEU, equivalent to a decrease of 1.13% compared to the previous week and a decrease of 6.12% compared to the previous month, according to Xeneta data.

Asia- US West Coast Freight rate | Week 26/2023 (Image: Phaata.com)

2. Asia - Northern Europe route:

The ocean freight from Asia to Northern Europe in the week of 26/2023 continued to plummet to $1,222/FEU, down slightly by 0.57% from the previous week and down by 10.08% from the previous month, according to Xeneta data.

Asia-Northern Europe Freight rate | Week 26/2023 (Image: Phaata.com)

3. Northern America - Asia route:

The freight rates from North America (West Coast) to Asia in the week of 26/2023 decreased slightly by 0.96% compared to the previous week, to 828 USD/FEU. This price decreased by 3.72% compared to the previous month.

US West Coast - Asia Freight rate | Week 26/2023 (Image: Phaata.com)

4. Northern Europe-Asia route:

The freight rate from Northern Europe to Asia in the week of 26/2023 increased slightly by 0.22% compared to the previous week, to $461/FEU. This price decreased by 3.35% compared to the previous month.

Northern Europe - Asia Freight rate | Week 26/2023 (Image: Phaata.com)

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Find Logistics Companies here.

Read more:

• THE Alliance increases capacity on Asia-North Europe route
• International shipping and logistics market update - Week 25/2023

Source: Phaata.com 

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