Recently, freight has entered the off-season, and the reduction in cargo volume is difficult to support freight rates. The Shanghai export freight Index (SCFI) fell 3.41% to 2,251.9 points on the 15th, ending a three-straight rising trend. Among the major routes, only the Mediterranean line rose slightly, while the European line, the American West line and the American East line all fell.

Despite the possibility of a strike caused by labor negotiations in the United States East Mexico Bay, shipping giant MSC has notified that the United States line will cut prices again next week due to low shipments during the off-season. Specifically, the U.S. West Line will be reduced to about $3,150 per 40-foot container rate, and the U.S. East line will be reduced to about $4,850 per 40-foot container rate. To avoid losing customers, other shipping companies are expected to follow suit.