Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Price analysis and info / Sawmilling / Wood flooring / Wood pellets / Wood Products / Wood-based panels / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America
July 27, 2021

Container freight rates expected to hit new highs

Container freight rates expected to hit new highs

Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse.

Various surcharges introduced by shipping companies, such as congestion surcharge, fuel surcharge, peak season surcharge.

A few days ago, Hapag-Lloyd announced that due to the continuous extraordinary demand from China and the resulting supply chain operation challenges, Hapag-Lloyd will implement a value-added surcharge (VAD) for all cargo transportation in accordance with the regular FAK guidelines.

This value-added surcharge will be levied on August 15. The trans-Pacific trade from China to the United States and Canada will be charged at US$4,000 per 20-foot container and US$5,000 per 40-foot container.

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

All this for only 248 EURO/year!

(approximately $ 272.51, Paypal exchange rate)

Register now:

Checkout Options
Yearly subscription - 248 EUR/year
password strength indicator
Additional Info

We Accept PayPal
Billing Address