Why are shipping fees rising?
One reason is rising demand for all kinds of goods in Europe and United States. For example, in the second half of the year, many western traditional festivals, such as Halloween and Christmas, lead to increased demand for commodities. Some Chinese enterprises will seize the opportunity to increase exports. The second reason is that due to the impact of COVID-19, many goods from China to ports of other countries cannot be timely received by customers. Many goods can only be piled up at ports, which leads to port congestion.
In addition to the above reasons, some key ports are inefficient, poorly managed and unable to load and unload cargo quickly, which also aggravate port congestion.
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