Blog

Ocean Freight Rate Charges as of March 2022

PHOTO 2020 12 14 08 04 46

Member companies of the British Association of Removers (BAR) normally use an association called the Movers Trading Club Ltd (MTC) to provide their ocean freight services. The MTC provides its members, which are moving companies, access to ocean freight rate agreements that are based on a 12-month validity. 

It is through the MTC that Bradshaws Moving Services are allowed to quote and book freight to destinations around the world for our customers. Refreshing from March every year, these 12-month long agreements have in the past been honoured by the shipping lines, however, since the pandemic some shipping lines have chosen to renege on these agreements and have insisted that freight rate increases were accepted during this 12-month agreement. This means moving companies and their customers may have seen increases in ocean freight rate charges for numerous reasons which you can read in full here.

For many trades these increases are significant, often in excess of 300%, however, the MTC rates will be competitive versus the open market, especially as it is likely that the spot market continues to increase through 2022.

To improve this situation and help the shipping lines budget and accommodate the MTC’s demands, the MTC has recently rolled out a forecasting tool to its members which will be key to improving the allocation obtained by the MTC for its members and their customers going forward.

Rates aside, we are increasingly seeing more and more service challenges that are making it difficult to ship globally. See the full document from the BAR explaining the situation here.

Call Us:  Leicester:  0116 289 9011  Nottingham:  0115 965 6555  or  Derby & Burton:  01283 243001Call Me Back

Meet our movers

Call Us:  Leicester:  0116 289 9011  Nottingham:  0115 965 6555  or  Derby & Burton:  01283 243001Get an Estimate

UK Quote

Complete the form below to get your UK Removals quotation

Date Details

Moving Details

Contact Details

European Removals Quote Request

Complete the form below to get your European Removals quotation

Date Details

Moving Details

Contact Details

International Removals Quote Request

Complete the form below to get your International Removals quotation

Date Details

Moving Details

Contact Details

Call Me Back

Complete the form below and we'll call you back to discuss your requirements

Your Details

Self Storage

Complete the form below to get your Self Storage quotation

Storage Details

Additional Information

Contact Details

UK Price Guide

Complete the form below to get a Price Guide sent to you

Please note: Our Price Guide tool is intended for moves within the UK Mainland only. If you're moving to or from the UK mainland please speak to one of our friendly team who will be able to provide you with a bespoke quote.

Moving From

Moving To

Moving Details

Your Details

Please note: Our Price Guide tool is intended for moves within the UK Mainland only.

Call Us:  Leicester:  0116 289 9011  Nottingham:  0115 965 6555  or  Derby & Burton:  01283 243001Let Us Call You Back

© Bradshaw Moving Services 2022. Registered in England 10144531 Bradshaw Moving Services is a trading name of Bradshaws of Leicester Limited An indicoll website
Privacy PolicyCookie PolicyDisclaimerAccessibility