Economy May 25, 2022 | 11:42 am

Buy car in DR

Global freight cost worries Dominican haulers

Santo Domingo.- Despite that neither the COVID-19 pandemic nor the effects caused by the war between Russia and Ukraine completely affected the development of the supply chain of logistics distribution centers and freight forwarders, there is a latent concern about the cost of international freight, which continues to rise, reported the Dominican Association of Air and Sea Cargo Agents (Adacam).

In general, the price of transport to move merchandise from the main international ports to the Dominican Republic continues to increase.

The only ones that have a decreased are those of articles from China, as a result of a strategy that that country executed, while it was in confinement, to maintain active international trade, the president of Adacam, Ilsa Michelén, explained to Diario Libre.

He said the cost of a container fell by 35%, going from 17,000 dollars last year to 11,000 dollars, for a decrease of 6,000 dollars, which represents a relief for Dominican carriers.

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Paul Tierney
May 25, 2022 12:04 pm

The small companies importing goods will have to make decisions to import more at one time to get advantages of low freight tariffs per meter or weight for the greater volumes they import. It would be to their benefit to join freight coops that have reasonable tariff rates on contract..