Sea & Rail has price advantage over shipping to Europe

While the upward pressure on ocean freight rates on North American routes is weakening and remaining high, prices on European routes are rising again. According to several forwarder sources, spot freight rates for new cargoes from Japan to Europe for all-water shipping have reached $15,000-$16,000, while the Siberian Land Bridge (SLB) Sea & Rail, which uses the Trans-Siberian Railway (TSR), has risen but is still around $10,000 It seems. This is the first time in 40 years that rail transport rates have fallen below sea transport rates. However, although TSR's rail transport days are stable, the lead time to Europe is significantly delayed, as is shipping, due to congestion at the European side of the border and Far East ports. There is also a shortage of space for vessels and containers at sea.

3 views

Recent Posts

See All

Ocean freight rates decreased via North America West Coast (-8.3% week-on-week), North America East Coast (-0.5%), Europe (-2.7%), and Korea (-3.4%). 海上運賃の推移は、北米西岸経由(前週比 -8.3%)、北米東岸経由(-0.5%)、欧州(-2.7%)

The Japan Air Freight Forwarders Association (JAFA) reported July air export consolidated shipments from Japan totaled 83,465 tons (-15.4% y/y) and 822,151 shipments (-8.3% y/y). The weight of cargo d

Ocean freight rates increased via the West Coast of North America (+0.5% week-on-week) and South Korea (+1.9%). Freight rates via the East Coast of North America (-0.8%) and Europe (-3.3%) decreased.