Ocean freight rates are rising. Is it time to negotiate new prices?
ocean freight rates are rising. This is particularly true for maritime container shipments. Over the last three months, on average, ocean freight rates (container traffic in particular) has increased to 55% . Have you renegotiated your prices lately? If not, the time has come!
There are some charges which may be part of the whole ocean / transport costs of delivery on a typical imported product. Some may be negotiable with the carrier or freight forwarder include (with an adequate volume and frequency) and if you like ocean freight rates are calculated.
Take a look at what may be some components of sea freight costs:
BAF – Bunker Adjustment Factor Surcharge
ACC – Alameda Corridor Supplement
PNC – Panama Canal Shops
PII – Suez transit supplement
PSS – Peak Season Surcharge
AMS – Advance Manifest Supplement
CHS – Chassis Supplement Usage
CAF – Currency Adjustment Factor
CDR – cool
ARB –
According to your sale (Incoterms) You can pay fees, including the source:
CRO – Origins Store reception
ODF – Origin Documentation fee
THC – Terminal handling charges
DTHC – Destination Terminal Handling Costs
If your shipment is moved further to the within the United States can pay:
/ p> DDC – Destination Delivery Fees
IPI – Inland Point Intermodal or MLB –
/ p> You can also rate your containerized cargo Product real will be delivered.
Of course there are the myriad other costs are not directly related to ocean freight containers or rate, some of which are also:
/ p> Importer Security Filing (ISF or 10 +2)
customs
Fees and taxes
stripping and / or handling containers
Interim Storage
and, and, and …
ocean freight negotiate effectively is not easy and depends on the know more details. You’ll have lots of “one-time” or more repeat business with all senders? How the product you are shipping once, or if repetitive, each shipment? If it is repeated, how often? The answers to these questions determine whether you use a forwarding agent or negotiate directly with shipping companies.
door to door maturity want is a lot of attention. You’re a great extent or “gateway” connection and then ship truck distribution centers more? Or all go to DC? If you plan to move the container intact, can be very high to a sea Domestic, DC, some difficulties may arise depending on sea and rail fares. One step forward (or customs officers) can often manage the delivery of transport containers to and from the port much better than a carrier (if the fuels would itself). Otherwise, the truck is.
choice of customs agents will probably depend on the choice of the route. The customs delays start at the accuracy and completeness of the materials from your suppliers and effectiveness of the selected broker.
A Plan for Success Poor planning can result in a lot of headaches and unnecessary costs. Greater success will follow your good planning .
If you need more information or clarification, we are pleased to work with you to develop an offer or RFP (Request for Proposal) or check your bank or current prices, and process improvement.
Contact us TODAY inquiry@raymcguire.com ‘Today for more information.
Ray McGuire Consulting Group provides leadership, tools and training to help you quickly and successfully implemented national and international logistics , warehouse management, agent relationships with suppliers /, security, compliance and government and social security programs.
Increased speed to market while reducing costsexamination of goods