eBay released a new announcement, Orange Union shipping fees have finally been reduced!

Recently, eBay China's official website released a notice on the adjustment of SpeedPAK freight rates for various routes starting from February 19, 2021. The announcement stated that starting from February 19, 2021 Beijing time, SpeedPAK will adjust the freight rates for SpeedPAK and SpeedPAK Mini shipped from mainland China and Hong Kong.

From the table, we can see that the freight rates offered by Orange Union this time have fallen compared to the previous highs. Although the reduction in freight rates is not large, it is good news for sellers who have been overwhelmed by high freight rates for the past two months. At least it gives sellers some hope.

According to the Shipping Network, in the month before the Spring Festival, the cost of shipping from China to Europe increased by 4 times. Retailers in the household goods, toys and other industries in Europe have experienced inventory shortages. According to a survey, 77% of companies are facing supply shortages, which has even had an impact on the manufacturing industry in the eurozone. The European Commission said it has noticed the increase in container prices on shipping routes and is conducting research on this.

The situation is not only in Europe, but also in the Port of Los Angeles and Long Beach in the United States. There is no sign of any relief at present. The congestion and container problems cannot be solved for the time being. Shipping companies are looking for alternatives or changing the order of ports of call. Industry insiders also suggest "transferring ports" and shipping goods to the Port of Oakland to alleviate the congestion problems in the Ports of Los Angeles and Long Beach.

In addition, the United States also suffered from a snowstorm disaster, and the continued weather disasters also put the logistics of the United States into greater trouble. However, due to complaints and protests from relevant groups and organizations before, in order to investigate the truth and prohibit unreasonable charges (detention period) and other practices that violate relevant maritime management regulations, the Federal Maritime Commission (FMC) issued an order on February 17, requiring major global alliance shipping companies to provide container detention and demurrage information to their agents to ensure that they fulfill their legal obligations.

According to the FMC, shipping companies that operate in alliances and dock at the Port of Los Angeles, Long Beach, and the Port of New York, New Jersey, will be subject to this order, including terminal operators at these ports. Some people said that based on the freight forwarding quotations received so far, the freight rates are already 600-800 US dollars lower than before the New Year. It seems that the "rest time" brought by the Spring Festival holiday has cooled down the crazy freight rates and loosened the vicious cycle caused by the previous surge in cargo volume and port congestion.

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