Struggling with your freight? Surprised by the timescales and prices of your recent shipments?
I won’t lie, it’s challenging times for the freight and logistics industry. Several factors have been impacting availability, capacity and speed of cargo delivery – and that always has a knock-on effect on price! From Houthi rebel attacks and Hurricane Beryl to port congestion and political instability, there’s a lot going on in the world that can impact freight. Why? Because the world of freight is a finely tuned machine, and one cog going wrong in the works can have a significant impact.
Remember when the Ever Given got stuck in the Suez Canal? It didn’t just delay the cargo on that ship, but it caused significant delays and price increases around the world for many months to come.
So what’s going on right now? There’s a few factors you need to know about…
Space Limitations – The demand for shipping space is like trying to find a parking spot at a Premier League final – almost impossible! This is causing delays and making it necessary to book space way in advance.
Container Shortages – Ever tried to find a shopping trolley on Black Friday? That’s what it’s like finding shipping containers right now. This shortage is making it tricky to load and transport goods efficiently, leading to even more delays and higher costs.
Blank Sailings – Carriers are pulling a bit of a disappearing act with blank sailings, where scheduled sailings are cancelled to manage capacity. It’s like waiting for a bus that never comes, causing disruptions and making shipment planning a headache.
Rising Rates – Freight rates are climbing faster than a cat up a tree! The combination of high demand, limited capacity, and equipment shortages is driving costs through the roof.
But don’t worry, at Millennium Cargo, we’re here to help. No matter what’s happening in the world, you can be sure that we’ll find you the best rates, the best routes and realistic solutions that get your goods where they need to go.
So, if you’re having trouble finding capacity or you’re unhappy with the prices you’ve been quoted elsewhere, give us a call on +44(0) 121 311 0550 and we’ll be more than happy to help