Shippers can be hit with surcharges from time to time, meaning your ocean freight rate might be more expensive. Most surcharges for international freight shipping might seem unnecessary, but most of the time they occur because of added expenses that the shipping companies have to cover. Many shippers work with a trusted freight forwarder to help navigate around surcharges.
People often say that there is volatility in the ocean freight industry, but what exactly do they mean by this statement? From a business standpoint, volatility describes the measurement of a price during certain times. But what could this mean in terms of the shipping industry? We all know that the industry is constantly changing. There are new carrier partnerships, like the P3 alliance, and other variables that impact the prices that shippers are paying for ocean freight containers. The international freight shipping market is volatile.
Recently, there was news that the Danish vessel of the Svendborg Maersk faced some tough storms while at sea near the Northern area of France. By the time that the Svendborg Maersk had arrived at its destination port in Spain, it was discovered that more than 500 containers were missing, Apparently, stacks of containers were knocked overboard into the ocean when the ship encountered the harsh storm on the voyage.
The transshipment process has become a major aspect of international cargo shipping. For new shippers, they should know that transshipment involves routing cargo between locations or vessels during the transportation process before reaching the destination. Many shipping companies might use transshipping for cargo shipments and there are several reasons.
