- April 5, 2022
- May 24, 2022
Do You Know Why Freight Is Skyrocketing Now?
The record high freight is a new normal in logistics I swim in a gym pool every weekend. What always irritates me is a notice on the shower-room wall. It says “We stop providing shampoo to avoid infection.” Anybody, tell me how shampoo sharing is causally related to infection. I think it’s a stealth cost-cutting move. Don’t you think the COVID is sometimes used as an excuse for cost cut or price increase like this? Having said that, I know the COVID has a huge effect on cost structure. The biggest factor would be logistics costs. Yesterday, one of our freight forwarders came to me to talk about an increase in freight rates. He apologetically told me “Freight rates become more than double from this month.” The forwarder seemed to be no match for shipping companies who are now at the height of their prosperity. The COVID, a good excuse […]