Freight hikes force shippers to get creative


Following recent announcements by multiple global shipping companies about rising fees for container transportation, Chinese exporters have quickly adapted to these changes and anticipate this trend will continue into the third quarter.

Major players like France's CMA CGM Group, Germany's Hapag-Lloyd AG and Denmark's Maersk Line have all reported substantial rate increases, with some hikes reaching up to $2,000 and several routes experiencing over 50 percent rises. These adjustments span numerous routes connecting Asia with Europe, North America and South America.

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