News / 'Unequal' impact of high freight rates hits margins of smaller shippers harder

Spiralling freight rates could have an unequal impact on shippers, sending some smaller businesses into a tailspin as margins are substantially cut, according to Vespucci Maritime.

Consultant Lars Jensen explained that, while the major increases in rates were a major challenge for all, smaller shippers would have a greater proportion of their margins cut as freight costs rise.

He said the risks were not only from freight rate levels themselves, but the “widening spread in the market has become a critical competitive ...