Latest news on Far East Freight Rates

Unexpectedly prices in the Far East freight market have further reduced and the low prices seem to be set to continue through to the end of June.

The consequence of the latest dip in rates is that some lines have become completely overloaded with business.  As a result the affected lines have backlogs of containers waiting to ship at origin of up to two weeks .

At K&L Freight we are spending a lot of time and effort ensure that we avoid these bottlenecks  by swapping carriers as necessary so that containers move as planned whilst at the same time our customers get to enjoy the very low freight rates that are currently available.

Airfreight rates from all the major hubs in the Far East are also at an unseasonal low due to disappointing levels of bookings. Whilst the UK economy is performing reasonably well, compared to the other major EU countries, space from China especially  is sold on a pan European basis and there is currently plenty of spare capacity.

Are you enjoying the benefit of current low sea freight import container rates from China? Or do you suspect that the drops in prices through 2015 have not been passed on to you? If you are in any doubt at all why not give us a call on 01606 331103 or mail us on enquiries@klfreight.com