1:Cause of covid-19

Due to the outbreak of the second round of the outbreak in Europe, many European countries began to close down the city again, and people could not work and live normally. As a result, cabinets got stuck in major ports.The dock is stacked with cupboards, and the layoff period is much shorter than before.

Before, you can apply for two weeks or even longer free time at the destination port. Now I’m sorry, please remove all the cabinets within one week, or you will have to pay the diplomatic rent.

Obviously, the containers stuck in the destination port have a state of no return, which directly leads to the reduction of the number of domestic containers.

2:Foreign trade orders have exploded

The epidemic has reduced productivity in the rest of the world.Production capacity in many countries is essentially paralyzed.In a short time China became the centre of the world’s factory floor.

Orders from Bangladesh, Vietnam, India and other Southeast Asian countries have shifted to China.

The long delivery time is due to too many orders from foreign trade enterprises, which leads to a surge in orders from their domestic suppliers, so that the goods cannot be delivered on time.

3.The shipping company took advantage of the trouble

The Southeast Asian route was not so affected, but as soon as shipowners saw how strongly the European route had risen, they smelled money.

Therefore, began to artificially reduce the southeast Asia direction of the route, deliberately caused shipping space tension, thus substantially increase the freight.

For shipping companies,Cutting routes means cutting costs;Raising freight costs means no reduction or even increase in operating costs,

In this way, it is easy to achieve the goal of greatly increasing profit margins and making huge profits in the short term.