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Rising Ocean Freight Rates Time For Renegotiation

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Executive Summary

With container transport ocean freight rates rising by an astronomical 55% in three months, it is easy to see that these rates will continue to climb further. Therefore, this is the optimal time to renegotiate rates. Several charges can comprise the overall ocean freight rates as well as delivery expenses over typical import shipments. Certain types of these rates can be negotiated with the forwarder or the carrier (if there is enough frequency and volume of shipment), especially if you have a working knowledge of the method of calculating such ocean freight rates.

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