By Richie Lin Photo：Sekau67, Link：Pixabay

Ocean freight rate reference in week 34:
Following rate reference in week 33. 

• Asia main ports to USAWC USD 1100~13000 per 40GP; to USAEC USD 13000~17000 per 40GP; 
• Asia main ports for IPI points of USA is USD 20000~22000 per 40GP; 
• Asia main ports to Europe main ports and W. Med USD 17000~18000 per 40GP; 
• Asia main ports to WCSA USD 8500~9500 per 40GP; to ECSA USD 8500~9500 per 40GP. 

Please note above rate is only for reference, carriers might only give space for higher rate, which will be from USD 22,000~29,500 per 40GP for different destinations. 

Don’t count on carriers now! NVOCC is more reliable and flexible to solve supply chain gridlock during this tough time. The shipping lines have broken their trust, even cut 50% space allocation, so the shippers went directly to the freight forwarder (NVOCC)! More freight forwarders started to have more bookings from clients that have direct BCO contracts with shipping lines this year. Freight forwarders can book space with several shipping lines and provide end to end service such as delivery, warehouse, and distribution. Supply chain has become more and more volatile, carriers cannot fulfill the needs of customers because they can only provide port to port service. NVOCC is the best choice for customers if they want to enjoy the convenience of one stop shopping.

Airfreight market rate in Week 34:

The airfreight is updated each week to match the market situation.
The following market rate for your reference. 

• PVG/SZX/HKG/TPE to LAX USD 15.0/kg, 
• PVG/SZX/HKG/TPE to ORD USD 16.5/kg, 
• PVG/SZX/HKG/TPE to JFK USD 20.0/kg.