Europe is experiencing the third wave of epidemics and many places are facing another blockade. the situation is not optimistic, the global economy continues to recover slowly.
The availability of containers in China’s ports has increased. Data from Container xChange shows that signs of a long-term shortage of containers in China are alleviating. Compared with before the Spring Festival, the container availability index (CAx) of China’s major ports has increased by 56%.
At present, the high level of the transportation market has fallen, and the decline of freight rates on most routes has begun to decline slightly. Last week, the Shanghai Shipping Exchange released the Shanghai Export Container Freight Index of 2583.87 points, down 2.0% from the previous period.