Wednesday 13 November 2013

Asia-Europe Ocean Freight Rate Increases - Nov 1st - Have You Taken Action Yet?



Good afternoon All

Just keeping you all in the loop regarding the massive rate increases which hit the market on November 1st. As you know they were announced at USD 925-USD 1000 per TEU (Twenty Foot Equivalent Unit) so if you are importing 40s, the increase would be double that!

Based on the market data we saw on Monday 4th Nov, we learned how much of the rate increase was actually accepted by the market and it was an eye watering USD 753/TEU (USD 1500/40ft container).

For our existing clients, who benefit from our collective buying power, we negotiated a very modest increase on our already competitive rates. What's interesting is that often, these increases fall away after a week however not the case so far. On Monday we saw that the increase was still sticking at around USD 650/20ft or USD 1300/40ft.

Please do take action on this, you really could be paying a great deal more than necessary and not getting such a great service either. As always happy to help, please join our band of extremely satisfied customers (see wesbite or Linkedin for details).

Kind Regards



Andy Cliff
Director

Straightforward Consultancy Ltd
4, Beckett Drive
Winwick Park
Warrington
Cheshire
WA2 8XJ

Tel : 07934 443492
Email :
andy@straightforwardconsultancy.co.uk
Web : www.straightforwardconsultancy.co.uk
Blog : http://straightforwardconsultancy.blogspot.co.uk/
Twitter: @AndyCliffSCL
Linkedin:
http://uk.linkedin.com/pub/andy-cliff/1a/43/72
Skype: andy.cliff1@skype.com


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