How much does international shipping cost? ——Analysis of global hot topics and freight data in the past 10 days
Recently, fluctuations in international logistics freight rates have become a hot topic. Affected by multiple factors such as global supply chain adjustments, fuel price changes, and regional conflicts, freight prices have shown a trend of differentiation. The following is the hotly discussed content and structured data analysis on the Internet in the past 10 days:
1. Focus on hot topics
1.Red Sea crisis pushes up freight rates on Asia-Europe routes: Houthi armed attacks caused ships to detour around the Cape of Good Hope, extending shipping time by 15-20 days and causing freight rates to soar.
2.Cross-border e-commerce demand for stocking surges during peak season: Amazon Prime Day is approaching, and air freight prices have increased by 30% year-on-year.
3.Price adjustment announcement from international express delivery companies: DHL and FedEx announced that the average rate for Q3 2024 will increase by 4.9%-5.7%.
2. International freight price comparison (data as of June 2024)
| Transportation method | main routes | Price range (USD) | Year-on-year change |
|---|---|---|---|
| Shipping FCL | China-US West Coast | 3,800-4,500/40HQ | +18% |
| Shipping LCL | Southeast Asia-Europe | 120-180/CBM | +25% |
| international air transport | Shanghai-Los Angeles | 5.8-7.2/kg | +32% |
| Express service | global file | 45-75/0.5kg | +6% |
3. Key factors affecting freight costs
1.Fuel surcharge adjustment: International crude oil prices have exceeded US$85/barrel, and shipping fuel surcharges (BAF) have reached US$450-600/TEU.
2.port congestion index: The waiting time at Singapore Port has increased to 3.2 days (the historical average is 1.5 days), and the port demurrage fee has increased by 12-18%.
3.policy fluctuations: The EU Carbon Tariff (CBAM) pilot phase will increase shipping costs by approximately 3%-5%.
4. Industry response strategies
| Business type | Countermeasures | expected effect |
|---|---|---|
| freight forwarding company | Launch of multimodal transport solutions | Reduce customer costs by 10%-15% |
| Cross-border e-commerce | Prepare goods in advance to overseas warehouses | Avoid peak season shipping costs |
| manufacturer | Adopt FOB trade terms | Transfer freight risk |
5. Forecast of future freight trends
According to Drewry’s latest report, the global comprehensive freight index in Q3 2024 is expected to remain at a high of 2,100 points (base point 1,000), and the quotes on major routes will show the following characteristics:
•Shipping: US line freight may fall by 5%-8%, while European lines maintain current prices
•air transport: It is expected to drop by 10%-12% by the end of the third quarter
•China-Europe freight train: The freight price advantage is highlighted and it saves 40% of the time compared with sea transportation.
International freight rates are affected by multiple variables. It is recommended that companies establish a dynamic monitoring mechanism and combine professional tools such as logistics radar stations and Freightos Baltic Index to obtain the latest freight rate information in a timely manner. If you need a specific quotation, you can contact a professional freight forwarding company to obtain a real-time route quotation.
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