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International shipping and logistics market update - Week 31/2023
International shipping and logistics market update - Week 31/2023
1. Asia - Northern America route
The freight rate from Asia to North America West Coast in the week 31/2023 continued to increase sharply to $1,959/FEU, up 7.05% over the previous week and up 34.82% over the previous month, according to the report. Xeneta data.
Asia- US West Coast Freight rate | Week 31/2023 (Image: Phaata.com)
2. Asia - Northern Europe route:
The ocean freight from Asia to Northern Europe in the week of 31/2023 spiked to $1,743/FEU, up 46.84% from the previous week and up 44.41% from the previous month, according to Xeneta data.
Asia-Northern Europe Freight rate | Week 31/2023 (Image: Phaata.com)
3. Northern America - Asia route:
The freight rates from North America (West Coast) to Asia in the week of 31/2023 decreased slightly by 1.06% compared to the previous week, to 844 USD/FEU. This price decreased by 0.35% compared to the previous month.
US West Coast - Asia Freight rate | Week 31/2023 (Image: Phaata.com)
4. Northern Europe-Asia route:
The freight rate from Northern Europe to Asia in the week of 31/2023 decreased slightly by 1.29% compared to the previous week, to 383 USD/FEU. This price decreased by 2.54% compared to the previous month.
Northern Europe - Asia Freight rate | Week 31/2023 (Image: Phaata.com)
Find Freight rates here.
Find Logistics Companies here.
Read more:
- COSCO SHIPPING launches 700 TEU electric container ship
- CULines ends participation in long-haul route
- CMA CGM increases FAK rates from Asia to Northern Europe route
- Hapag-Lloyd announces an increase rate Asia to US East Coast route
- Container shipping giant CMA CGM maintains over a billion dollar profit in Q2
- COSCO schedules: Vietnam - North America in Aug 2023
- International shipping and logistics market update - Week 30/2023
Source: Phaata.com
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