eBay Announcement: Notice on Adjustment of SpeedPAK Shipping Rates Starting from March 16, 2021

The announcement stated that starting from March 16, 20212, SpeedPAK will adjust the freight rates for the following routes of SpeedPAK and SpeedPAK Mini shipped from mainland China and Hong Kong.

The specific freight adjustments are as follows:

eBay will also announce price adjustments for other routes later, and sellers need to pay close attention.

The announcement shows that SpeedPAK's economy service products originate from mainland China and are destined for the UK, Germany, France, Italy and Spain. The weight range is 0-2000 grams, the delivery service fee ranges from RMB 25-116.4 per kilogram, and the handling fee ranges from RMB 9.36-13.4 per package.

For economy light and small package service products originating from mainland China and destined for the UK and Germany, the weight range is 0-1000 grams, the delivery service fee range is RMB 25-116.6 per kilogram, and the handling fee range is RMB 5.38-7.6 per package.

In addition, SpeedPAK's standard service products originate from Hong Kong, China and are destined for the United States, the United Kingdom, Germany, Australia, and Canada. The weight range is 0-30,000 grams, the delivery service fee ranges from RMB 41-108 per kilogram, and the handling fee ranges from RMB 33-123 per package.

For economy service products originating from Hong Kong, China and destined for the UK and Germany, the weight range is 0-2000 grams, the delivery service fee range is RMB 73.1-103.3 per kilogram, and the handling fee range is RMB 18-23.6 per package.

Compared with the previous freight rate adjustment in early February, Orange Union’s freight rate has fallen again this time. On the one hand, after a holiday adjustment, China’s container supply has improved. On the other hand, without the blessing of the holiday, international logistics finally has a chance to recuperate.

However, the congestion that plagues U.S. ports has not eased at all. The change in purchasing patterns brought about by the epidemic has brought extreme consumer demand to North America. Coupled with the outbreak of the epidemic among local dock workers and the shortage of container equipment, the situation of international shipping is still not optimistic. Freight volume remains very strong, with more ships arriving every week, and the growth of cargo volume exceeds the port's handling capacity.

After the Lunar New Year, US imports from Asia fell only slightly , and even rebounded in March with strong momentum. It has returned to the volume before the Spring Festival. If the freight volume does not decrease in the second half of the year, this congestion will continue at least until the summer, and may even last longer.

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