The freight is too expensive! $20,000 per teu! Foreign customers suspend orders! China Central Television (CCTV) -- The price of Shipping between China and the United States has hit a record high, and foreign trade enterprises' exports have been stagnant.
Enter since this year, global container shipping price rises all the way. The price of shipping goods from China, South-east Asia and the east coast of North America has exceeded $20,000 a teu for the first time, according to the Global Container freight Index.
On August 2, it was still $16,000. What is driving the sharp rise in shipping prices between China and the US?