Next year, logistics costs will continue to rise, doubling is not impossible!

2023-09-15
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Author:Zheng Yang
Source: ennews

stayCaused by the epidemicsupply chainTightness, transportationSoaring costsIn the background,shippingAnd logistics suppliersAll inincreasenext yearOf the contract price,Cross border sellersI have toPrepare for the increase in shipping and logistics prices next year.

 

according toIndustry expertsestimate, with the agreement reached earlier this yearpriceCompared to,next yearThe rates in many annual contracts will double,expectSome truck transportation companiesThe contract rate for 2022 will bepresentDouble digit growth.

 

Previously,Freight and logistics marketLong term contract rateUsually basically stable,According to the marketchange in demandAnd actualcapacityofAvailability,combineSpot market pricingUp and down fluctuations. ConsignmentInstitutions often collaborate with multiple carriersSigned for many yearsofprotocol,annuallyWill revise the contract content.

 

But since the outbreak,The prices of the entire freight industry have been rising, including package delivery and truck transportation,Shipping and warehousingEtc.

 Shipping information: Logistics costs will continue to rise next year, doubling is not impossible!

Year-on-year changes in domestic freight expenses in the United States


According to relevant data,This year in the United StatesdomesticFreight ratio of road and railway transportationIn 2020, it increased by about 23%. The overall logistics price reached a historic high in November,relativelyGrowth in OctoberYes3.4%, a year-on-year increase of 14%.

 

With the increase in employee salaries and the shortage of labor,Truck transportation companies and other logistics companiesofOperating costs have all increased.Express delivery giantBoth FedEx and UPS have stated that the rates for most services will increase by an average of 5.9% next year, marking the first time in eight years that their annual growth rate has exceeded 4.9%.

 

According to transportation data and procurement expertsXeneta stated that according to the annual contract, the price of sea freight containers may reachNew Records.Xeneta stated that the spot price for transporting a 40 foot container from Shanghai to Los Angeles earlier this month was higher than the same period last yearYes75%.

 Cross border e-commerce platforms' logistics costs will continue to rise next year, doubling is not impossible!

40 foot containerPrice changes from Shanghai to Los Angeles


Freight forwarderSekologisticsalsoRepresents aThe contract rate for transporting 40 foot containers from Asia to the West Coast of the United States may double next year, reaching $6500 to $7000.And in theIn 2019,The cost of the same route is only about$1500.

 

In terms of truck transportation, according to the online freight marketAccording to data from DAT Solutions LLC, the average contract rate reachedYesRecord breaking per mile2.51 USD,This is alsoNocontainFuel surcharge.

 

In addition,As labor costs increase,WarehousegoodsstorageThe cost will also berise,Whether it's Amazon's warehouses or overseas warehouses of other companies, costs will rise, and sellers will inevitably bear some of the pressure.

 

From this perspective, the increase in shipping and other operating costs next year is inevitable, and cross-border sellers should also take the opportunity to layout and find the best solution.

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