Mandatory use of low-sulfur fuel by ships, shortage of containers and priority for medical supplies and vaccines will push up sea and air freight costs.
Another factor that will push up maritime transportation costs is the low availability of containers, which is partly explained by the imbalance of world trade flows, which are still affected by the health and economic crisis generated by the spread of the covid-19.
Javier Ayala, president of the Salvadoran Association of Cargo and Forwarding Agencies (ASAC), told Elmundo.sv that "... There is a commercial flow coming from Asia, which was the first to start recovering, from where many medical supplies are moved and there is an imbalance of equipment (containers), which ended up in the ports of the world."
Ayala added that "... the still weak recovery of the flows makes that these containers still cannot return because of the lack of merchandise. This imbalance is what causes the shortage of containers, especially in Asia."
According to the director of the Asac, it is expected that in the first quarter of 2021 the costs of transporting cargo from Asia will triple, a situation that will force companies to seek suppliers in markets closer.
The urgency of transporting vaccines, supplies and medical equipment, will be the main reason for a significant increase in air freight rates in general next year.
As a result of the global trade imbalance that has become evident in the last year and the considerable increase in logistics costs, Guatemalan importers are beginning to look to Brazil as an option to replace purchases from Chinese companies.
In early March of this year, CentralAmericaData reported that as a result of the imbalance faced by world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that at that time already generated shortages and caused increases in transport rates.
As a result of the imbalance reported in world trade flows due to the pandemic, Nicaraguan coffee producers have been affected by the shortage of containers facing the country.
Due to the imbalance in world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that generates shortages and causes increases in freight rates and raw material prices.
In this scenario of new commercial reality, the operating costs of maritime freight have been impacted, since due to the restrictions imposed in several countries around the world, containers have been stranded.
Ten days after the gradual return to activities at El Salvador's freight terminals, logistics companies report delays in deliveries due to saturation in the warehouses.
Because the freight terminals at the Oscar Romero International Airport and the Port of Acajutla worked part-time for almost three months due to the covid-19 outbreak, a bottleneck was created that now affects cargo and logistics companies.
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