February 2023

Greater China
 

• The market continues to recover following the lifting of pandemic prevention measures nationwide on January 8.

• Röhlig Logistics will be exhibiting at SIAL in Shanghai from May 18-20.

SEA

• Rates remain stable but in decline.

• No current capacity issues.

AIR

• No sign of recovery yet for low market and rates.

• Terminal and logistics operations have returned to normal after the holiday period.

• Capacity is nearing usual levels as more carriers return to the China market.

• International passenger flights to Chengdu will move to the newer Chengdu Tianfu International Airport (TFU).  Freighters and passenger flights to HKG/MFM/TPE will remain at CTU airport.

RAIL

• Westbound rates remain stable with eastbound routes climbing slightly.

• While equipment is available on all routes, westbound space to Germany is tight this month. Eastbound space from Germany is available.

• Some delays at origin for westbound services, with Xi’an currently offering the most stable schedules.

• Customers are advised to provide a forecast for Europe-bound cargo as soon as possible.

• Selected rail routings are available from China to Europe on a case-by-case basis. Contact our Rail Team at   CN.RC.RAIL@rohlig.com

South Korea

SEA

• Big drop in rates between South Korea and Intra-Asia services.

• There is potential for another trucking strike in the first half of the year which could cause further delays as seen in 2022.

• Our team can offer efficient, reliable and cost-effective direct services.

AIR

• Services have returned to normal with stable rates following the holiday period.

SEA

• Capacity and equipment available.

• Declining volumes in Vietnam leave ocean freight slightly cheaper compared to the start of the year.

AIR

• Rates expected to remain stable.

• Capacity available in the market with demand unlikely to waver in the near future. Freighter services expected to increase due to post-Lunar New Year demand.

• All airports operating normally with no delays or congestion.

SEA

• Rates continue to fall in the last month of the financial year. However, with rising demand and liner poised to cut sailings, rates are expected to stablise soon.

• Equipment and capacity available at ports. Recommend a 4-week running forecast in order to secure equipment at the hinterlands. This will help to avoid delays and changing rates in order to secure the next available vessel.

AIR

• Ex-India rates remain stable this month with space available.

• No current delays or challenges at airports impacting operations.

• Our India team can now offer regular weekly air consols Ex-Italy, Germany to Mumbai, India. Contact your local office to learn more.