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Dec 10, 2021

What Is Driving The Sharp Rise in Shipping Prices Between China And The US?

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?

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