he global logistics market faces major fluctuations in late May. The Red Sea shipping crisis continues, forcing most Europe-Asia vessels to detour around the Cape of Good Hope. Sailing time increases by 10–14 days, pushing up fuel costs and overall ocean freight rates sharply.
Major shipping lines including MSC, Maersk, Hapag-Lloyd and CMA CGM have raised freight rates continuously. Freight prices for Far East to North Europe routes rise nearly 50% month-on-month. Shipping space becomes extremely tight, with frequent roll-over and canceled voyages at major China ports.
Meanwhile, new China-Europe railway routes are officially launched, providing stable land transportation alternatives for cross-border sellers. More merchants begin to adopt mixed transportation solutions of sea freight, air freight and railway freight to avoid rising costs and shipping delays.
As peak sales season approaches in Europe and the United States, cargo demand keeps growing. Logistics experts suggest booking space in advance to avoid sudden price increases and shipment delays. The whole logistics market will remain unstable throughout June.
