Shippers negotiate freight rates for months.
Then another price appears.
Surcharges.
Far East–Mediterranean charges rose 120%.
Fuel prices were broadly flat.
For the same canal transit, charges differed by up to 3x.
So what price should buyers really negotiate?
Here are 5️⃣ signals behind it:
1️⃣ The gap is getting bigger
Surcharges rose from $120 to $270/TEU.