Recently, due to changes in the situation in the Middle East and extreme weather caused by the El Niño phenomenon, shipping prices on Middle East routes have continued to rise, and there has even been a phenomenon where “freight is more expensive than the value of goods.” Since late July, shipping prices on Middle Eastern routes have seen a sharp jump. Taking Shanghai Port and Dammam Port as an example, the freight rate for a 40-foot standard container has broken through the 10,000 US dollar mark from around 6,600 US dollars, an increase of more than 50%. A freight forwarding company official told the reporter that it is now difficult to find a class on the Middle East route, and even if a class is booked, it will be delayed or cancelled for various reasons.

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