Container rates finally return to normal after Chinese Spring Festival

Containers at Hamburg port. Source: Port of Hamburg

After continued price increases of rail freight between China and Europe, rates are finally returning back to normal levels. In some cases, the freight rates of some routes were even comparable to those of ocean freight. The turning point was the Chinese Spring Festival, which comes with a 3-4 week shut down of production in China. This restored the container availability to some extent, and consequently the container rates.

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Author: Majorie van Leijen

Majorie van Leijen is the editor-in-chief of RailFreight.com, the online magazine for rail freight professionals.

1 comment op “Container rates finally return to normal after Chinese Spring Festival”

slrshipping services|16.07.21|11:50

I’m inspired by your articles. You have shared very valuable information and knowledge that people should recognize. Thank you for sharing. I would love to see more updates from you.

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Container rates finally return to normal after Chinese Spring Festival | RailFreight.com

Container rates finally return to normal after Chinese Spring Festival

Containers at Hamburg port. Source: Port of Hamburg

After continued price increases of rail freight between China and Europe, rates are finally returning back to normal levels. In some cases, the freight rates of some routes were even comparable to those of ocean freight. The turning point was the Chinese Spring Festival, which comes with a 3-4 week shut down of production in China. This restored the container availability to some extent, and consequently the container rates.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Majorie van Leijen

Majorie van Leijen is the editor-in-chief of RailFreight.com, the online magazine for rail freight professionals.

1 comment op “Container rates finally return to normal after Chinese Spring Festival”

slrshipping services|16.07.21|11:50

I’m inspired by your articles. You have shared very valuable information and knowledge that people should recognize. Thank you for sharing. I would love to see more updates from you.

http://www.slrshipping.com

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.