#logistics-operations

Thread

Stewart May 13, 2024 at 03:46 PM

Hi All - anyone recently ship container from Shenzhen? What is the current container rate? thansk

Kris Watts May 14, 2024 at 04:08 AM

to where?

Chris Skilton May 14, 2024 at 12:01 PM

It of course depends on where you are sending the container to, but I would say that in general, container prices are about to go way up. The issues in the Red Sea are creating a shortageof supply and it seems a lot of companies are moving up their Q4 inventory movements. At the moment we can't even get spot rates for June container shipments from Shenzhen to LA.

Chris Skilton June 03, 2024 at 05:53 PM

@Stewart for reference we just booked a 40' container to Miami and saw rates quotes from $6k to $15k, which underscores the value of having multiple forwarders available to give quotes