Comparing Container Shipping Rates

Cost plays an important role for many shippers when determining which carrier to use for a particular shipment. After all, your bottom line is making money, so getting a lower shipping rate would be very beneficial. But which ocean freight carrier has the lowest shipping rates? Every carrier claims that they have the lowest shipping rates, but there is no one carrier who offers the lowest rates for every port and every line in the World. That is why you need to compare rates from different ocean freight carriers for each line.

As in any industry, prices do change over time. Sometimes, there are changes in ocean freight rates for a particular carrier or a particular line. Recently, the Journal of Commerce reports of several recent rate increases this time of year, including Wan Hai Lines raising rates on Asia Cargo, Mediterranean Shipping Company raising Europe-Asia rates, and Hapag-Lloyd raising rates for Asia-Europe and Asia-Australia.

How do you accurately compare ocean freight shipping rates from different carriers Worldwide? Most supply chains turn to a freight forwarder to help. A trusted freight forwarder, who has partnerships with leading ocean freight carriers, can allow you to instantly compare shipping quotes from all of those carriers. You will be able to view the different rates for all carriers, find out who has the better rate for your particular shipment and immediately book your shipment for pickup. Comparing freight shipping rates doesn’t have to be a challenge anymore. New technology allows shippers to have more control over the cost of shipping globally.