Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are being merged into a single charge from January.
According to one forwarder, who wanted to remain anonymous, carriers are citing increases for a peak season surcharge, increased fuel charges and security surcharges that have all been created due to the Red Sea shipping crisis.
“In December we were being quoted $1,400/FEU by carriers from January that will be $5,200/FEU and $4,000 for a 20ft, and we are being told to expect $12-15,000/FEU after Chinese New Year at the end of January,” said the forwarder.