Industrial Info.

Now sea freight charge dropping drastically


Ocean freight rates have declined in recent weeks.According to Freightos,Asia-US west Coast prices(FBX01 Daily) fell 8% to $2,978/Forty Equivalent Units(FEU).

It has become a buyers' market as ocean carriers now have to work hard to attract cargo owners.Ocean carriers are offering significant discounts on Asia exports to the US  and Europe.It is the best time to ship the goods.

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