Ocean Freight Rates
Ocean Freight Rates Ocean freight rates are key in international trade. Their fluctuations are prone to lot of factors. To list few. Demand and supply: Container inventory at respective location. Fuel cost Sanctions and trade conflicts Exports / Imports from a port based industrial houses are more prone to ocean freight fluctuations compared to the ones which are more inland. Inland ones still have road / rail transport cost to deal with so overall fluctuations in their logistics cost is minimum. This is basis an assumption that product exported from inland location and product from the ports vicinity are not the same type. Depending on the volume of cargo an exporter or importer can negotiate the ocean freight charges with the carrier. If his volumes are not good enough then he can also approach a freight forwarder who may ha...