Inland: Fuel price fluctuations are driving slight increases in inland transportation. As of 12/01/2023, Germany will enforce toll hikes, impacting pickups in the region.

Maritime DRY: Cosco has reduced maritime freight rates for Rotterdam-origin lanes. Meanwhile, Maersk has lowered rates and is keen on firm business quotes and contracts. MSC has also made slight reductions from November’s rates.

Maritime Reefer: We’ve observed a slight uptick in freight levels. Both Cosco and Maersk are showing greater flexibility in negotiations, welcoming new targets. It’s important to note that due to the offseason, there’s a shortage of reefer equipment in Europe, expected to normalize by December.

Additional Insights: Starting 12/01/2023, carriers advise prepayment for local destination charges and maritime freight for shipments headed to Argentina.

Come January 1, 2024, the ETS (EU Emissions Trading System) levy will come into effect, aimed at limiting CO2 emissions from industries. Each carrier will communicate their specific fee upon the release of 2024 freight updates.

Stay tuned for further updates!”

Inland:

We continue to observe small increases in inland transportation. Regarding availability, the market remains stable, with a delay of 15 – 20 days for direct cases with the carrier and 7 days with dedicated service (possibly less).

Maritime DRY:

Cosco’s own service (in partnership with ONE) began operating in September – the first ship departed from the port of Rotterdam on September 21st. Other carriers have also reduced their freight rates. We have not encountered any issues with equipment availability. Maersk has rolled over some cargo, while other carriers are adhering to the schedule.

Maritime Reefer:

Rates have decreased, although not in line with DRY rates. For more efficient negotiations, it’s essential to always inform the shipper and provide the volume.

Additional Information:

There is a downward trend in freight rates expected in the coming months following the launch of the new Cosco/ONE service.

France:

There are no space issues for FOB shipments. For EXW cases, it is advisable to plan in advance to ensure that collection can be made on the desired date (approximately 2 weeks in advance).

Inland:

We continue to observe small increases in inland transport costs, given the end of government assistance for fuels. Regarding availability, the market remains stable, with a lead time of 15 – 20 days for direct cases with the carrier and 7 days with dedicated service (possibly less).

Maritime DRY:

Freight rates continue to decrease, with Maersk maintaining the lowest rates. The launch of Cosco’s new in-house service (jointly operated with ONE) is scheduled for September, with the first vessel departing from the port of Rotterdam on September 21st. Other carriers have also reduced their rates. We have not encountered equipment shortages.

Maritime Reefer:

Rates have decreased, though not in line with DRY rates. For more efficient negotiations, it is essential to consistently inform the shipper of the volume.

Additional Information:

Anticipated downward trend in freight rates following the launch of Cosco/ONE’s new service in the coming months.