Ocean Freight Rates from Far East Asia:
GPSM are pleased to advise all clients that we have negotiated reduced FCL rates for February 2017 shipments from Taiwan, Korea, China and Hong Kong.
As all will be aware the rates had remained at quite high levels leading up to the earlier than usual Chinese New Year period. It is expected that traffic volumes will reduce in February as many factories will take some time to gear-up again for production after the holiday close-down.
The updated rates have been added to our web rate portal and are available on “Freight Calculator” or View Rates modules.
Please also be aware that we have starting receiving advices from shipping lines that they intend to increase rates again from 1st March 2017, this is a standard procedure to ensure they are covered for regulatory rate filing 30 days in advance of implementation date, they are quoting increases of USD 300.00/20ft and USD 600.00/40ft container, however it is generally the market that will determine the increment closer to the effective date.
GPSM will keep all clients advised of further developments in due course.
Trucking Detention Rates in Brisbane, Melbourne, Adelaide and Fremantle:
Trucking companies in above listed cities have advised of an increase in waiting time charges once the free allowance time period has expired.
Effective from 1st February, the rates will increase by $ 10.00 per truck hour for both standard and side-loader trailers deliveries. The detention rates have remained fixed for the past 5 years without any increases in this period.
As all deliveries in Sydney are handled by GPSM own trucking fleet, we are pleased to advise that current detention rates will remain unchanged for all Sydney FCL deliveries.