By John Raymond Infante – Director, Allen & Jones Shipping
Freight rates are just the beginning. Many importers are surprised by the additional charges that can appear on their air freight and ocean freight invoices – charges that aren’t always obvious upfront. Understanding these hidden costs is essential to managing your freight budget and avoiding unpleasant surprises.
THCs are levied by ports for the handling of containers. They vary by location and are often left out of initial quotes. Without visibility, you might assume your all-in rate is lower than it is.
Bills of landing, customs declarations, and certificates of origin all come with fees that can add up quickly. Some forwarders don’t include these in initial quotes, leading to surprises later on.
As with the previous article, delays in clearing cargo or returning equipment can rack up charges fast. Planning ahead and working with an experienced forwarder helps avoid these penalties.
Fuel price fluctuations and currency variations can affect freight costs. Some quotes exclude these factors, leaving you vulnerable to sudden rate hikes.
Busy ports often impose congestion fees when terminals are overloaded. These can be applied with little notice and significantly affect your bottom line.
Understanding and planning for hidden charges is key to protecting your margins. At A&J Shipping, we’re committed to transparent pricing and proactive communication, so you can make informed decisions about your supply chain.
– John
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