Help Center

How Will Golden Week Impact My Shipments?

Golden Week is a week-long national holiday in China, so Chinese factories will be closed. As importers rush to move shipments out of China before the holidays closures, capacity will be tight and prices will be high for both ocean and airfreight.

Ready to Get Started?

Flexport makes shipping your cargo transparent, reliable, and affordable

When is Golden Week?

The National Day is held annually on October 1, to celebrate the founding of the People’s Republic of China. It kicks off a 7-day Golden Week festival, including parades, ceremonies, and other displays.

In 2020, Golden Week will be celebrated from October 1-8, one day longer than usual to include the Mid-Autumn Festival, a Chinese calendar holiday falling on October 3. Factories will close for the extended holiday week, with operations resuming on Friday, October 9.

How will Golden Week impact my supply chain?

As we approach October 1, importers are rushing to finish production and make pre-Golden Week sailings. This will further constrain space (which is already very tight during peak season) and drive up prices for both ocean freight and airfreight. Carriers will be more overbooked than usual, which will likely result in cargo being rolled.

Trucking services will be in higher demand, so you may also see higher prices for trucking at origin.

We’ll also see blank sailings immediately after Golden Week -- because factories will be closed during the holiday, carriers will announce these blank sailings in order to optimize vessel utilization.

How should I prepare for Golden Week?

If you’re shipping via ocean and want your cargo to arrive in time for the winter holidays, please note that you will need to book your shipments prior to Golden Week:

  • For ocean shipments: Book 2-3 weeks prior to Golden Week.
  • For air shipments: Book 1 week prior to Golden Week.

In general, our peak-season shipping tips apply:

Plan ahead and work closely with your Flexport team.

  • Share your forecast with us as soon as you can.
  • Book shipments ahead of time, as explained above.
  • Let us know which shipments are the most urgent.

Be flexible.

  • Consider a service with a slightly longer transit time. These services are less likely to be overbooked, which means that your cargo is less likely to roll.
  • If your cargo is moving inland, consider an alternate port of discharge--this will give you more options when choosing a sailing.
  • If you’re in a serious rush, there’s always air--but keep in mind that it’s been a pricey season for air freight, with high prices and tight capacity expected to continue.

Share the Article

More From Flexport

arrowImagearrowImage

Ready to Get Started?

Sign up for a Flexport account or ask to see our platform in action.

Sign Up for Freight Market Updates

Get weekly insights into all things freight, delivered right to your inbox.

I agree to the storing and processing of my personal data by Flexport as described in the Terms of Service and Privacy Policy.
LEGAL

Customs brokerage services are provided by Flexport’s wholly-owned subsidiary, Flexport Customs LLC, a licensed customs brokerage with a national permit. International ocean freight forwarding services are provided by Flexport International LLC, a licensed Ocean Transportation Intermediary FMC# 025219NF. U.S. trucking services are provided by Flexport International, LLC, a FMCSA licensed property broker USDOT #2594279 and MC #906604-B. All transactions are subject to Flexport’s standard terms and conditions, available at www.flexport.com/terms 沪ICP备16041494号

Copyright © 2020 Flexport Inc.

Terms of Use/Privacy Policy