The freight of shipping plays a very important role while you want to transport your goods through oceanic routes. Such levy of freight, however, depends on several factors and you should be very careful while considering hiring a shipping vessel and understanding the rate that is applicable very well.
It is very important for a shipper to understand the rates along with all the means and ways of its applicability. This way the hirer stand a fair chance not to incur any loss during the transportation. The factors are varied and should be therefore carefully considered.
Like all transportation business, the destination plays a very important role for estimating the freight to be levied. Transporting goods to a nearby location will be cheaper than the rate of shipping from China to USA. Therefore, it is the intended destination that is taken into consideration while calculating the fare. To make it short and simple, you will have to pay more if the journey is longer.
Longer destination will mean more days which will mean extra incidental charges. Longer destination will also mean higher service charges as there will be more ports authorities on the way who will be required to pay for passage. Apart from that charges for security also increases as the number of days increases.
During transporting goods via the oceanic routes, the season also plays an important role in determining the rate for transportation. This is all the more applicable when the goods transported are grains and fruits. Depending on the season, the rates will vary accordingly.
Currency is another factor which determines the rate of the cargo. You may know that dollar is considered as the common denomination for all international transports and transactions during the process. Therefore, the rate of freight depends on the prevailing exchange rate of dollars as with other currencies.