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Shipping costs rise

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We believe that everyone has heard about the increase in shipping costs.

Let’s take a look at why the shipping costs suddenly increased.

1.The Red Sea crisis disrupts European routes, leading to longer voyages and port congestion with container shortages.

2.Tariff hikes on Chinese electric vehicles in South America drive up shipping rates, monopolizing resources.

3.US-China tensions prompt Chinese companies to invest more in South America, accelerating the shipping peak season.

4.Shipping giants exploit scarcity to raise prices, urging exporters to plan ahead amidst container shortages and unstable ETAs.

Therefore, everyone should take appropriate measures to deal with this situation.

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