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Container freight rates and the role of surcharges


Container freight rates and the role of surcharges

Slack, Brian and Gouvernal, Elisabeth (2011) Container freight rates and the role of surcharges. Journal of Transport Geography, 19 (6). pp. 1482-1489. ISSN 09666923

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Official URL: http://dx.doi.org/10.1016/j.jtrangeo.2011.09.003


This paper demonstrates that the structure of ocean container freight rates has become more complex. A growing number of surcharges are being imposed by the carriers on their customers, surcharges that are not only adding significant extra costs but are highly variable over time. These elements are examined based on a data set of export rates from ports on the Northern European Range that have been compiled from a major global carrier. The paper compares the surcharges to the base rates and discusses some of the implications for shippers who face increasing uncertainty in planning supply chains. Some of the issues for academic research on freight rates is also examined and points to the need to clearly identify what is included in the freight rate data employed. In addition, questions are raised concerning the suitability of many of the variables traditionally used to explain or predict freight rates.

Divisions:Concordia University > Faculty of Arts and Science > Geography, Planning and Environment
Item Type:Article
Authors:Slack, Brian and Gouvernal, Elisabeth
Journal or Publication:Journal of Transport Geography
Digital Object Identifier (DOI):10.1016/j.jtrangeo.2011.09.003
Keywords:Freight rates; Surcharges; Container shipping
ID Code:973591
Deposited On:13 Feb 2012 19:58
Last Modified:18 Jan 2018 17:36
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