Freight forwarders are facing higher and higher freight rates

Shippers/cargo owner around the world face significant supply chain challenges due to port congestion and severe container shortages. Besides, freight forwarders from all over the world are facing high freight, as well as shipping company's various surcharges. Port of Auckland in New Zealand is the latest of a number of container shipping hubs to be hit by congestion surcharges. MSC reported 10-13 days' delay in berthing at Auckland harbour and a lack of dockworkers made the situation so bad that a congestion surcharge will be imposed. MSC will impose a CONGESTION surcharge of us $300 / TEU on all exports from Europe, Turkey and Israel to Auckland Port, New Zealand from the Date of bill of Lading on November 9, 2020. In addition, from the same day, the peak season Surcharge (PSS) will be charged at US $300 / TEU for all shipments from mainland China/Hong Kong/Taiwan, Korea, Japan and Southeast Asia to Auckland Port. The MSC action follows mon...