What everyone wants to know is if
the current Crisis has affected any shipping businesses, rates and of course
will it delay any freight in general. Sure, times are not easy, and many
companies have closed their doors but there is also the other side where
businesses have grown exponentially during this time and made a great profit.
People are at home, buying online more than ever before, which requires lots of
manpower to pick these purchases up!
LTL Carriers have not
changed their pricing, they are busier than ever. There are only small chances
of slight delays in transit times hence some terminals are working fewer
employees and any non-essential workers are stationed at home.
Truckload carrier
encountered price increases as many truck drivers decided to head home and wait
out the uncertainty. There was a huge rate spike, with a greater demand and
less available drivers, which settled quickly since these drivers that decided
to stay home had no income for a while. But this could change at any time
again.
Ocean shipping prices have
not changed much. Strict schedules keep ocean shipping steady. Container
terminals have upped their game and are extra careful with protocols to protect
their employees.
Air freight is at a high.
With a high demand worldwide for medical equipment, air freight has proven to
be the top mode of transportation in the industry. Fast, reliable but
expensive, has driven up the profit margins for air freight. The slightest
variance can change the bill by thousands of dollars.
Make sure you contact
shipit4us.com regarding any of the above services and we promise to take
care of you and your product!