As China-US box rates soar to $2,000, ’wait-and-see’ Chinese exporters look to combined transport
At this warehouse in south China’s Shenzhen City, workers with a local electronics maker are busy preparing their next shipments to the United States.
But the question of how they’ll be delivered, remains up in the air.
As of mid-August, it cost roughly 2,000 U.S. dollars to ship a 40-foot container from China to California, a 61 percent increase from July.
The sudden price hikes have forced some manufacturers to delay their shipments.
While some Chinese exporters have opted to put off shipping by sea, others are shifting away from maritime transport altogether.
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