Optimizing Your Transport Routes: Finding the Fastest and the Cheapest Options

Category: Business

Affected by the global foreign trade economic environment in the past two years, shipping prices began to decline steadily in 2022. In this year 2023, sea freight prices have remained very low, with slight fluctuations every month. We will bring you the latest news by comparing 40GP (HQ) sea freight prices in 17 important ports in Europe and the United States in 2022 and 2023. From January to December 2022, 40GP (HQ) sea freight prices in some important European ports, Poland, Germany, the Netherlands, Belgium, and the United Kingdom, continued to fall. The rate of decline slowed slightly from April to July, and shipping prices at the end of the year were almost one-seventh of the price at the beginning of the year, falling from about US$15,000 to US$2,000. Since January 2023, the prices have experienced slight fluctuations but remained in a downward trend, reaching a historical low in October this year. The total transit time is approximately 35 days.