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The drop in the cost of sea freight is the best time to plan transportation
More than 85% of all world transportation is carried out by sea. It is not for nothing that sea container transportation is the most popular way of transporting a wide category of goods.
Statistics show that more than 300 million containers are handled annually in all ports of the world, and their number is growing rapidly. And on average, 1,382 containers are lost at sea every year (according to the World Shipping Council).
Sea freight prices are volatile and affected by many external factors. For example, disruptions in global supply chains and a shortage of containers during the lockdown, the cost of transporting a container increased by 500%.
And what is happening with sea freight now? Therefore, it is impossible to ignore changes in the cost of sea container transportation from Asia.
Only in the last week of September, the cost of sea transportation across the Pacific Ocean from Asia to the northern coast of Europe decreased by 14%. Regarding the Mediterranean coast of Europe, by 10%. This trend is expected to continue until the New Year.
For example, on September 26, the freight for importing a 40-foot container from a Chinese port to a Polish port was $5,500,000. At the same time last year, the price for the same container was USD 13,500,000.
Why is now the best time to plan transportation?
This trend is expected to continue until the New Year. Now is a great time to export cargo from China until freight rates begin to gradually increase again. New Year’s holidays and weekends are ahead, in order to receive the cargo on time and without demurrage, it is better to plan the shipment of the cargo in advance. Contact LCG and the managers will help you find the optimal route for the transportation of your cargo.
ADVANTAGES OF CARGO TRANSPORTATION WITH LCG
1. FULL STAFF OF THE TEAM The LCG company works in full force in the conditions of martial law. Some of the LCG managers are located in Europe, which helps to quickly solve any issues.
2. EXPERIENCE OF TRANSPORTATION OF OVERSIZED CARGO LCG managers are faced with the need to transport cargo every day. In this regard, we always choose the most profitable route for transporting your goods, quickly process and send documents. LCG managers know all the nuances of customs clearance and what pitfalls you may encounter at the border. Your cargo will be safe with us.
3. OWN VEHICLE PARK Having a personal vehicle allows you to be mobile during transportation and keep in touch with the driver 24/7
4. FIXED COST After concluding the contract with LCG, the cost of all services remains unchanged: freight, freight forwarding and brokerage services.
