Ocean Freight Falls 30%?

With the end of the world's most important maritime conference, the Trans-Pacific Shipping Conference (TPM), negotiations on a price for shipping are on track. This is related to the price level of the global maritime market for a period of time in the future, and also affects the transportation cost of global trade. It is the main period for signing long-term contract agreements every spring.  According to media reports, in the TPM meeting, shipping companies, shippers and forwarders tested the bottom line of negotiations with each other. At present, the freight of Long-term Agreement obtained by large shipping companies have been about 1/3 lower than last year's contracts.

To take this opportunity, Copperled suggested customers to take advantage of the reduced freight to purchase more products for stocks, which is also a way to reduce costs and increase profits.

Thanks & Best Regards,

International Marketing Dept.                 

Shenzhen Copperled Technology Co., Ltd