Top 5 Factors Affecting Containers Shipping Rates | LOTUS Containers
Scrutinizing down the history, one can find the shipping industry has traveled all the way long. For centuries it has confronted various ups and downs, yet contributes 90% of the total world trade. There is no dubiety in saying that the freight industry is key to sustaining the modern economy. It means a country’s overall economic position depends hugely on its freight. And even a slight change in the market can lead to great agitation amongst the countries. Millions of manufacturers and producers around the world hold credibility in making this industry vast enough to practice trade with much ease and affordability. One of the chief concerns of a shipping container company is fluctuating container shipping rates/freight charges from time to time. The fluctuation disrupts the whole economy including shippers, manufacturers, shipping container suppliers, and even common people. Fluctuating container shipping rates have been one of the main concerns of the logistic trade secto...