Asia-Europe ocean rate increases - there may be trouble ahead (as the song goes...!)

Good afternoon All

It's been a while since I last posted so apologies for that but we've been very involved with new customers, re-organising their freight and Customs models and so our blogging has suffered somewhat.

I received this bulletin a few days ago from a large forwarder regarding Asia-Europe which is worth sharing.

It's hard to believe the bulletion given that rates eased in September after the hefty hikes in July and August but certainly one to watch.And some light relief for you below.
http://www.youtube.com/watch?v=TnfKmNRfLYU


Quote

Asia to Europe –  Surcharges 1^st November 2013

Dear valued customer
 

Please be advised that all carriers operating services from Asia to Europe have indicated that it is their intention to impose various surcharges effective sailings on/after 1^st November 2013.
 

Depending on the carrier choice these surcharges are being imposed in many ways and to date we have received notification of the following;

 1)      General Rate Increase

 2)      Rate Restoration Fee

 3)      Structural Revenue Recovery 

At the moment the figures indicated are 600 - 900 USD per TEU – please note that should these increases / surcharges be implemented we will have no choice but to review our rate levels from sailings on/after 1^st November 2013.

We will continue to monitor this situation with all our nominated carriers and will continue to keep you updated.

We would like to thank you for your continued support and if you require any further information then please do not hesitate to contact us.

Unquote


Kind Regards


Andy Cliff