Recently, many shipping companies have announced a new round of freight rate adjustment plans, including Maersk, Hapag-Lloyd, CMA CGM, etc. These adjustments involve rates for some routes such as the Mediterranean, South America and near-sea routes.
Hapag-Lloyd will increase the GRI from Asia to the west coast of South America, Mexico, Central America and the Caribbean from November 1, 2024. The increase applies to 20-foot and 40-foot dry cargo containers (including high cube containers) and 40-foot non-operating reefer containers. The increase standard is US$2,000 per box and will be valid until further notice.
Hapag-Lloyd issued a freight rate adjustment announcement on October 11, announcing that it would increase FAK from the Far East to Europe from November 1, 2024. The rate adjustment applies to 20-foot and 40-foot dry containers (including high cabinets and 40-foot non-operating reefers), with a maximum increase of US$5,700, and will be valid until further notice.
Maersk announced an increase in FAK from the Far East to the Mediterranean, effective November 4. Maersk announced on October 10 that it will increase the FAK rate on the Far East to the Mediterranean route from November 4, 2024, aiming to continue to provide customers with a wide range of high-quality service portfolios.
CMA CGM issued an announcement on October 10, announcing that from November 1, 2024, it will adjust the new rate for FAK (regardless of cargo class) from all Asian ports (covering Japan, Southeast Asia and Bangladesh) to Europe, with the maximum rate reaching US$4,400.
Wan Hai Lines issued a notice of freight rate increase due to rising operating costs. The adjustment is for cargo exported from China to the near-sea segment of Asia. The specific increase is: 20-foot container increased by USD 50, 40-foot container and 40-foot high cube container increased by USD 100. The freight rate adjustment is scheduled to take effect from the 43rd week.
Senghor Logistics was quite busy before the end of October. Our customers have already started to stock up for Black Friday and Christmas products and want to know the recent freight rates. As one of the countries with the largest import demand, the United States ended a 3-day strike at major ports on the East Coast and Gulf Coast of the United States in early October. However, although operations have resumed now, there are still delays and congestion at the terminal. Therefore, we also informed customers before the Chinese National Day holiday that there would be container ships queuing to enter the port, affecting unloading and delivery.
Therefore, before every major holiday or promotion, we will remind customers to ship as soon as possible to reduce the impact of some force majeure and the impact of shipping companies' price increases. Welcome to learn about the latest freight rates from Senghor Logistics.
Post time: Oct-15-2024
