US to China Shipping Fees to Rise

Diesel Fuel is starting to affect international trade in aanymore.There are currently about 13 large shipping
very big way and this could hurt the United Statescompanies that move containers each way and they
trade deficit as well as the Chinese economicare part of the transpacific stabilization agreement
momentum as their currency starts to rise. Big issuesand now they will surcharge $150 on every container
on the forefront indeed as these additional chargesships to China in the East. This will start October 1,
start to affect shipping costs for ships moving2006 and it will be adjusted quarterly and therefore it
containers.Currently most of the container shippingwill also affect many OPEC nations, as well. This
companies are charging increased fees due to themeans they will pay more for goods they get
diesel fuel costs to run their ships to bring productsshipped and pay more for anything that they
from China to America. Now the same shippingexport.Industry analysts in the shipping business save
companies are going to have to start charging Unitedit over 80% of all global trade goes by these large
States companies to ship products to China andcargo container ships. Very little goes by air or train
there is quite a bit trade growing on both sides.as it crosses borders. This is because ports are very
Typically they were just happy to refill empty cargoefficient. Please consider all this in 2006."Lance
ships going back with anything they could, notWinslow" - Online Think Tank forum board.