Rise in Asia-Europe box volumes expected Mid September

Shipping lines are expecting a surge in volumes on the Asia-Europe trade in the coming weeks, which will support attempts to increase prices on the trade in mid-September. The reason behind these expectations is the rush as Far East suppliers export goods from China ahead of the National Day holiday, which runs from October 1 to October 7 2013.

China import export will also close down from 19-22 September for their annual Moon Festival celebrations.

So far this month market freight rates on Asia-Europe trades have actually declined ahead of next week’s attempt by carriers to increase prices on the trade. Watch this space!

 

Moon Festival Celebrations Shenzhen China

Moon Festival Celebrations Shenzhen China

 

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