Source: Logistics Baba
From January to October 2021, Container throughput at Chinese ports was 235.5 million TEU, up 8.4 % year on year, while cargo volume at Chinese ports exceeded 12.8 billion tons, up 7.8 % year on year.
In terms of container freight rates, the average ningbo Container Freight Rate Index (NCFI) in November was 3971.9 points, down 2% from the previous month.
From Ningbo to North America routes, transportation demand picked up slightly, but trade routes and volume growth is not synchronous, promote market freight slightly up. In December, the average freight of 40GP from Ningbo port to Los Angeles port and New York port was 7435 US dollars and 8845 US dollars, decreasing by 4.5% and 6.9% respectively.