Why does international freight rised so much ?

1. The shortage of containers leads to "one container is hard to find", which leads to the rise of international freight

Due to the impact of the epidemic, the "detention rate" of international containers has increased significantly. According to the calculation of the International Container Association, since the second half of last year, the shipper can only return one container for every three containers sent out, and the remaining two containers are all stranded at the port of the recipient. It is very difficult to recover them in a short time. At present, a large number of containers are stranded in the ports of the United States, Europe, Australia and other countries and regions. The consequence of these long-term and large number of stranded containers is the shortage of containers, which makes it difficult for shippers in other regions to find one container. In this case, Some shipping facilities eager to ship goods will raise the freight to obtain containers.

2. The booming air transport market has driven the sharp rise in international shipping prices

Since the second half of last year, international cross-border e-commerce business has developed rapidly, and many international famous enterprises have also started cross-border e-commerce. In order to make goods reach customers faster, cross-border e-commerce's preferred means of transportation is air transportation. Once more and more cross-border e-commerce choose air transportation, it will promote the popularity of the international air freight market. According to the estimation of the International Air Transport Association, the current air transport capacity simply cannot meet the capacity needs of international cross-border e-commerce. In order to meet the capacity needs of international cross-border e-commerce, at least 8000 747 cargo aircraft are required every week. However, the current cargo aircraft are only 6000. In the case of insufficient cargo capacity, the price of the air transport market is also rising rapidly.

3. The international demand for raw materials such as iron ore and coal is growing rapidly

Since the beginning of this year, the economy of some countries has recovered. Under the effect of economic recovery, the demand for raw materials such as iron ore and coal in some countries is growing rapidly, and almost all of these raw materials are transported by sea, resulting in a tense situation of international maritime transport capacity. Under the condition of tight transport capacity, The price of ocean transportation will naturally rise.