Freight rates to stay high, says DHL

by | Feb 8, 2022 | 0 comments

DHL expects freight rates to remain high in 2022.

The German logistics company Deutsche Post DHL does not expect freight costs to ease this year. Tim Scharwath told Reuters: “The short-term rate will rise a little in air and ocean freight, the long-term rate will probably remain at the 2021 level.”

“In air freight, the rate might even go up a little bit more in the short term, there is even tighter capacity there.” Read more here.

The COVID-19 pandemic continues to impact on the office imaging sector with ongoing delays. Several companies report 6 to 8 weeks delays and increased costs. Currently, if you can get a container and a booking in a ship the cost of a 40’ container from China to Hamburg is €15,750 ($18,000).

One European importer who supplies low-cost consumables told The Recycler “that shipping costs were now more than 35% of the value of the shipment and that prices would have to increase.” He declined to say how much prices would have to increase by.

Editor: Across the board the Omicron coronavirus variant has caused staff shortages and shipping delays compound the situation with little chance of pre-pandemic rates emerging this year or next and presenting an ongoing logistical challenge for the industry.

Categories: World Focus

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