'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
Shippers in the UK are facing a significant rise in costs, as the container haulage business becomes increasingly chaotic.
Shipping lines have very few – if any – available haulage bookings until the middle of October or later, but are also imposing storage charges and D&D fees on customers.
And boxes booked last week may only be available in mid-October or later, but customers must pay full tariffs on storage.
The result is an increase in costs, estimated at up to £300 ($406) ...
European port congestion now at five-to-six days, and getting worse
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Comment on this article
robin corlett
September 28, 2021 at 2:15 pmLast line of this is the best quote
David Stephenson
September 28, 2021 at 3:43 pmDefinitely my favourite shipping headline of the year. (And probably the most accurate.)
Richard Bollard
September 28, 2021 at 6:37 pmThis has been coming for a while. Seaforth Dock Liverpool. Has to be the worse Dock for getting your container out. Small hauliers are losing money big time. The customer will be the one to pay in the end. I have heard about some customers leaving the Containers on the Dock . As the price escalate. The goods in the box is not worth the price of getting the Container of the quay. Brevity. Has made it far worse. Even before Covid. This was going to implode. I agree with the comment. The system is designed to fail. Because the shipping lines or the ports are creaming it in. The Customer was always going to be the one to pay big time.
Tim Leer
October 03, 2021 at 10:25 pmWow, I had hear but didn’t know it had gotten this bad. I was wondering why people were calling us (we’re just a towing company) to haul containers when that’s not usually what we do. I pray these problems will get solved.
Much love,
Tim
Scarborough Towing ATTS
https://scarboroughtow.com/