Rail service from Far East Asia to European countries through Russian rail networks from Vostochny port to St. Peterburg has performed more countable than traditional ocean container shipping way.
The shortage of the containers and COVID-19 pandemic cause ports congestion along with even more higher freight rates.
The covid pandemic has come back again in Asia that block the capacity to 70% off in Southern China main seaports (Yantian, Chiwan, Sherko, Nansha) and it helps push up shortage in space and high in ocean charge.
FCL FAK reference and airfreight market rate reference in Week 23
YML announced the GRI increased in July
The crazy party of sky-high ocean freight rate is still dancing in the ballroom.
