International shipping and logistics market update - Week 28/2023
International logistics and container shipping market update on Asia, Europe and North America routes in the week of 28/2023.
Phaata International shipping and logistics market update - Week 28/2023
1. Asia - Northern America route
The freight rate from Asia to North America West Coast in the week of 28/2023 was stable at USD 1,450/FEU, equivalent to a slight decrease of 0.34% compared to the previous week and an increase of 2.04% compared to the previous month, according to Xeneta data.
Asia- US West Coast Freight rate | Week 28/2023 (Image: Phaata.com)
2. Asia - Northern Europe route:
The ocean freight from Asia to Northern Europe in the week of 28/2023 increased slightly to $1,213/FEU, up 0.66% from the previous week and down 8.80% from the previous month, according to Xeneta data.
Asia-Northern Europe Freight rate | Week 28/2023 (Image: Phaata.com)
3. Northern America - Asia route:
The freight rates from North America (West Coast) to Asia in the week of 28/2023 decreased by 2.83% compared to the previous week, to 823 USD/FEU. This price decreased by 0.72% compared to the previous month.
US West Coast - Asia Freight rate | Week 28/2023 (Image: Phaata.com)
4. Northern Europe-Asia route:
The freight rate from Northern Europe to Asia in the week of 28/2023 increased sharply by 5.64% compared to the previous week, to $412/FEU. This price decreased by 10.82% compared to the previous month.
Northern Europe - Asia Freight rate | Week 28/2023 (Image: Phaata.com)
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Read more:
- Containerized goods exports from Asia to the US continue to decline
- Evergreen orders 24 metanol-powered container ships worth $5 billion
- International shipping and logistics market update - Week 27/2023
Source: Phaata.com
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