The latest container freight rate index (SCFI) released by the Shanghai Shipping Exchange fell 72.51 points, or 3.40%, from the previous period, which was the seventh consecutive week of decline. During this period, the four major routes have continued to fall, as a whole, the market has entered the off-season, freight rates are facing downward pressure, easy to fall difficult to rise.

From September 30 to November 3, a total of 100 flights were cancelled on east-west routes from Asia to Europe and the United States, with a cancellation rate of up to 14%, and freight rates will face greater downward pressure after entering the traditional off-season in the fourth quarter. At present, shipping companies are studying new pricing strategies, and some shipping operators are also considering canceling special rates.