Freight Prices From Asia To Northern Europe Have Increased 107% Year On Year

Only last week the Asia to Northern Europe freight price increased 27% and the pain is showing no sign of ending, with further increases being announced for next month.

Typical announcements from the Freight Forwarders are:

Container availability is continuing to get worse with large surcharges being charged for those who can secure a container. On top of that, the ports are more or less full and unable to take containers.

Further delays and increased costs are expected for UK imports with Brexit only days way, (with or without a Trade Deal), and boarder / Customs chaos is expected.