With the gradual recovery of economic activities in Europe and the United States and the increasing market demand for various materials, import demand from Europe and the United States continues to remain high. However, container detentions caused by COVID-19, ship skipping, poor transportation turnover and port congestion have become the normalcy.
The short-term freight from China to Europe has exceeded the 20,000 USD per 40 feet. Trans-Pacific to West U.S. quotes soared to 32,000 U.S. dollars

As the peak season approaches, consignees in Europe and the United States need to prepare for another round of FAK and GRI price increases on July 1, and pay a peak season surcharge of several thousand dollars.