Since the beginning of this year, the bottleneck problem of the international shipping industry has been particularly prominent. Newspapers are common in congestion incidents. Shipping prices have risen in turn and are at a high level. The negative impact on all parties has gradually appeared.

Congestion and delays occur frequently. The freight index remains high.

Affected by this, the rates of almost all major trade routes have skyrocketed. According to data from the Shanghai Shipping Exchange, the freight rate for 20-foot containers sent from Shanghai to Europe in late July was US$7,395, a year-on-year increase of 8.2 times; 40-foot containers sent to the east coast of the United States were US$10,100 each, since 2009 when statistics are available, the US$10,000 mark has been exceeded for the first time; in mid-August, container freight to the West Coast of the United States rose to US$5,744 (40 feet), an increase of 43% from the beginning of the year.

The UBS research report shows that port congestion is expected to continue until 2022. All the reports tell us that orders are better to be placed in advance and even as early as possible,so the delivery and freight cost can be guaranteed during 2021.Welcome to inquiry from us if you’re interested in low voltage fuse switch disconnector,isolator switch,changeover switch,fuse,busbar system,etc..