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Hanjin shipping bankruptcy boost spot market rate

  • Autor:Stander
  • Fuente:Global Logistics Network
  • Fecha de Publicación:2016-09-06
Shipping consultancy drew said, since the hanjin shipping after declaring bankruptcy, since September 1, starting from Asia's major container shipping routes of the spot market rate increased by 42%.


40 ft container freight rate from Shanghai to Los Angeles grew by 42%, to $1674;From Shanghai to New York route of container freight rate increased by 19%, to $2151;From Shanghai to Rotterdam routes of container freight rate increased by 39%, to $1826.



Drury, general manager of Richard Heath pointed out that the container freight unpredictable is a new phenomenon of transportation industry, the supply of upheaval is easy to cause temporary container freight extreme volatility.The shipper is expected in the next few weeks at least to increase transportation costs.


The agency also said that Korea's hanjin shipping bankruptcy of freight market caused great shock, many shippers are looking for emergency plans, and requires drew in the assessment of the impact of supply chain.