Market Update
Market Update
As the January 28th Chinese New Year approaches, we would like to advise our clients that space will be at a premium throughout the remainder of January. Carriers are advising current load factors of up to 105% in most markets. These numbers will likely continue to increase in the coming weeks as importers make their annual pre-CNY push. Scarbrough highly recommends that cargo be booked a minimum of two weeks in advance to avoid any possible delays and roll over of cargo.
Carrier Announced General Rate Increases:
January 15, 2017
From Asia (excluding Japan)
to or via All U.S. Ports of Discharge:
Rates will be $540 / $600 / $675
Per 20′ / 40′/ 40′HQ
LCL Cargo: $20 per W/M
Click here for more details
February 1, 2017
From Asia (including India)
to or via All U.S. Ports of Discharge:
Rates will be $900 / $1000 / $1000
Per 20′ / 40′/ 40′HQ
LCL Cargo: $20 per W/M
Click here for more details
Scarbrough continually works with carriers to waive or mitigate these charges. We appreciate the opportunity to be your global logistics service provider. Please contact your Direct Relations Manager or in-house Customer Service Representative with any questions. You can also email pricing@scarbrough-intl.com
