Shipping costs are soaring! Sellers' goods "disappear" and logistics problems are holding them back!

The cross-border industry has just experienced a magical 2020. Before the pandemic, product shortages, logistics obstructions, and overseas warehouse explosions, what will sellers face in the new year?

"The still-surging demand for ocean shipping and the resulting global equipment shortage have pushed up freight rates on most major Asia routes this week, while the upward pressure on demand appears to have eased," industry insiders said.

The two executives agreed that the very unique circumstances following the outbreak of the COVID-19 pandemic this spring led to a historic imbalance in supply and demand.

There are many signs that the strong market we have seen will continue after the Spring Festival and into the second quarter. "Habben Jansen pointed out that the current market congestion will take some time to resolve.

The prices of sea freight containers continue to soar, but air freight prices have recently begun to drop sharply, dropping by more than ten yuan compared to before.

(Screenshot of chat with logistics company)

A freight forwarder said that the cross-border peak season has ended and it is approaching the holidays. Some factories have already closed for holidays and the shipment volume is not as large as before, so not many sellers need to use air freight.

Some industry veterans also pointed out that on the one hand, airlines may lower prices to compete with shipping companies; on the other hand, some freight forwarders may sell at ultra-low prices under the banner of direct flights, but in fact they may be empty shipping, and in the end they will use the "epidemic delay" as an excuse. Therefore, sellers are reminded to choose logistics carefully and be careful of being scammed!