Freight rate trend differentiation: European and American routes continue to decline, Southeast Asia, the Middle East, a number of routes to rebound substantially!

Europe and the United States airlines freight rates continue to decline, decline reduced, freight rates stabilized; The freight rates of the Middle East and Southeast Asia routes continued to rebound significantly, especially the Thailand-Vietnam route. Due to the suspension of a large number of voyages arranged by liner companies and the tight supply of shipping space, the freight rates rebounded significantly. Freight rates on the Thailand-Vietnam route rose 193.8 percent from last week.

European Airlines: The transportation demand is low, the airlines are still in a state of oversupply, and the market booking price has fallen sharply. The European index was 1,624.1 points, down 18.4% from last week; The freight index of the east line was 1,568.2 points, down 10.9% from last week. The Dixie Line index was at 1,856.0 points, down 7.6 per cent from last week.

North American route: The relationship between supply and demand has not been improved. The market booking price of the Eastern and western routes continues to fall, and the freight price of the Western route has fallen below $2000 /FEU. The U.S. East line freight index was 1,892.9 points, down 5.0% from last week; The index was at 1090.5, down 9.4% from last week.

Middle East ROUTE: Due to the impact of suspension and delay, the normal operation of ships on the Middle East route is limited, and the shortage of shipping space leads to a significant increase in the booking price in the spot market. The Middle East Route index was 1160.4 points, up 34.6% from last week.

In addition, the market volatility of the following routes is relatively large:

Thailand - Vietnam route: liner companies arranged a large number of flights suspended, the supply of shipping space is tight, freight rates rebound substantially. The Thailand-to-Vietnam freight index rose 193.8 percent to 654.1 points.