Testimonials

Excellent service provided by RW Freight for our exports to Norway.

Norway Export Customer
73261

We use RW Freight Services for all of our shipments and will continue to use them for all future jobs

Slovakia Freight Exporter
91774

RW Freight have a good Imports from Sweden service. Always phone in advance before delivery of the goods.

Swedish Import Freight
78030

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Shipping Freight Rates to Stay Low

Tags: , , ,


Shipping freight rates, which have hit record lows this year, are set to remain weak for the rest of the decade or longer. There are too many ships and low fuel prices are capping operating costs, a recent report said.

The low freight rates would benefit large iron ore and coal producers as they can access new markets, while high cost producers would suffer from greater competition and a declining share of their regional markets.

Steep drops in Asian shipping rates have also added to fears about slowing trade. Falling export orders from countries across the region are depressing demand for ships.