As most of you will know the shipping industry has faced significant challenges since the start of the pandemic which has had a major impact on the cost and service levels from Shipping Lines for container shipments for relocating employees.
As a member of the British Association of Removers Bournes use the Movers Trading Club (MTC) to provide ocean freight services to secure the most competitive freight rates.
The MTC has provided the following update on the current shipping market which we wanted to share as it provides a useful understanding of:
- Why we are seeing ocean freight rate increases and differentials
- The scale of rate increases with examples
- Current capacity position
- Shipping line service challenges
- UK haulage challenges
If you have any questions about the update or how you can plan for and minimise the impact of these shipping challenges on your relocation programmes please don't hesitate to contact us.