Freight prices fell sharply! Europe and the US four major routes were heavy losses

Release time： 2025-03-19 Browsing：275次

Four Major Routes to Europe and the United States Hit Hard The latest Shanghai Containerized Freight Index (SCFI) has been declining for nine consecutive weeks. This week, it saw a significant drop of 116.96 points to 1,319.34 points. Among them, the route to Europe witnessed the most remarkable decline, reaching 15%, while both the routes to the West Coast and the East Coast of the United States dropped by more than 10%. Nevertheless, the industry expects that freight rates will increase in April. The rapid bottoming out of freight rates at present may not necessarily be a bad thing, as low freight charges can prompt shippers who are on the fence to ship their goods. As long as the cargo volume increases, there is a possibility of driving the freight rates to rebound. In addition, the future trend of freight rates may also be affected by multiple factors, such as tariff policies, the results of China-US negotiations, and the delivery of newly built ships.