Shipping rates sea always fluctuates like the stock market. Understand the impact factor will help businesses be more active in the financial planning and quotes products for partners abroad.
The factors that affect sea freight

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World oil prices (BAF): Fuel cost accounts for a large proportion in the structure rates.
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Congestion port: Cause shortage of empty containers, pushing prices up.
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Seasonality: The last months of the year usually have rates due to high consumer demand spike.
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The policy of the union lines: The regulatory number train (Blank sailing).
How to get shipping rates good?
At G-Logistics, we have the long-term contract (Service Contract) with the carrier big help to maintain the shipping rates sea stable and competitive for our customers. We encourage business should sign a contract according to quarter or year to avoid the shock on the price on the spot market (Spot rate).

