Printing money Photo 162058781 Credit Albund Dreamstime.com
© Albund Dreamstime.com

The true cost of shipping from Asia has for some time exceeded even the highly elevated container spot market rates, with the payment of carrier premium fees fast becoming a prerequisite to secure shipment.

Notwithstanding the traditional seasonal volatility of spot rates, ocean carrier surcharges are ...

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  • Luis Martinez

    July 30, 2021 at 2:31 pm

    These lines are taking advantage of this situation which at some point needs to get back to normal due to many economic implications, lines are jeopardizing their own business and the overseas business.