5 Factors that influence container shipping costs

AMG Logistics

Due to shipping’s close connection to the economy, even the smallest shifts in the markets may have a significant influence on global commerce, supply, and demand.

Shipping costs are determined by volume, route, and port and carrier fees. However, there are also outside variables that have a significant impact on container shipping rates, but over which shippers have little influence.

-

General Rate Increase

-

Shipping peak periods

-

Emergency Bunker Surcharge (EBS)

-

Limited trucks

-

Additional ocean freight fees

Simply put, there is no way to plan for delayed expenses like demurrage and detention, as well as fees from customs inspections. These charges are never included in container shipping prices, yet they have a significant impact on your overall shipping expenses.

Even though most of these fees are out of the shipper’s control, there are several things the shipper may take to reduce the likelihood of paying them. These include completing all paperwork accurately and submitting it on schedule. The slightest inconsistencies in your documentation might set off alarms, leading customs to decide to inspect your package. And both the origin and the destination may experience this. Making sure all your “i”s dotted and “t”s crossed can greatly lessen the possibility of your shipment being held for inspection and incurring delay costs.

Another option to avoid paying these additional fees is to plan your shipping in advance, which allows you enough time to adequately prepare your goods. Additionally, you have enough leeway in your shipment schedule to be flexible, which helps you avoid some of the other challenges discussed before, such as the busy season and issues with transportation shortages.

Share this post:

Share on linkedin

LinkedIn

Share on facebook

Facebook

Share on twitter

Twitter

Share on pinterest

Pinterest

Share on tumblr

Tumblr

AMG Logistics is a Lagos-based TRACE certified logistics company. Our services include Freight Forwarding, Customs Clearance, Trucking, Distribution, and Warehousing within Nigeria.

CONTACT US

Tel: +234 909 199 9866

sales.nigeria@amglogistics.com
+234 909 199 9866

customer.services@amglogistics.com
+234 909 199 9841

cs.abuja@amglogistics.com
+234 909 199 9805

documentation.department@amglogistics.com
+234 909 199 9813

AMG Logistics Locations

HEAD OFFICE
7c Creek Road
Apapa
Lagos

ABUJA BRANCH
B3 ground floor
84 Keane Nkrumah Street
Asokoro Business & Lifestyle centre
Abuja

PORT HARCOURT BRANCH
NAMA Admin Building
Port Harcourt International Airport
Omagwa
River State

LET US CONTACT YOU

CONTACT US NOW

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store