As if an increase of USD 900/20 wasn't enough, most lines are now announcing rate hikes of USD 500/TEU (USD 1000/40 foot container).
Below you can see the news bulletin published in yesterday's IFW however one of the freight forwarders I work with (major multinational forwarder) has sent me an email today and it shows it isn't just Hanjin and Mitsui OSK in the frame, we're talking increases all around USD 500/TEU (how coincidental) from around 10 lines.
Some people might look at this and say "cartel" and you wouldnt blame them for thinking that but what this does mean is that rates are on the way back up and we're not at "peak season" yet so time to take a close look at your current arrangements and ensure you're paying market competitive pricing.
We have a pretty good strategy in place for our Asia inbound FCL traffic and hope you do too - if you're concerned about your rising landed costs, it's a good time to take action.
http://www.lloydsloadinglist.com/freight-directory/sea/carriers-plan-new-rate-push/20018057572.htm;jsessionid=D1B5756F62CFF741A557824432442F03.49f4d07bb55175180e5453a50ae76331b9143bfd
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