What is the price of shipping from Malaysia to the USA?
The cost of shipping goods is influenced by numerous factors.
For example, if you’re sending a small or large quantity, you will not use the same type of container.
If the volume is less than 15 cubic meters, choose an LCL (Less Than Container Load) rather than an FCL (Full Container Load).
We would like to remind you that the cost of sea freight is determined by the weight and volume of goods transported.
The formula of calculation is as follows:
- The weight/volume ratio per tonne must be 1m3.
- Traditional modes of transportation and consolidation must be well established.
- Regardless of the unit of measurement, it is always necessary to correlate to the highest value (in volume or mass).
Packaging ensures the protection and safety of your goods from point of departure to point of arrival, so it is critical to ensure that goods are shipped in the best conditions possible.
Added expenses
Depending on the circumstances, shipping companies may add supplementary costs in addition to the price of shipping.
BAF (Bunker Adjustment Factor)
This cost increase is the result of fluctuations in the price of oil.
Following the first oil embargo in 1973, shipping companies began to use it to meet the demand for new vessels.
Since then, Carriers have taken the BAF into consideration since then.
CAF (Currency Adjustment Factor)
These charges reflect changes in the value of the dollar. Because the majority of shipping costs are calculated in US dollars, businesses use this charge as cash flow insurance.
THC (Terminal Handling Charge)
THC refers to the port’s loading and unloading handling fees.
Conventional freight, also known as “non-containerized,” can have a variable or fixed cost depending on the type of container used.
The rate is calculated per kilogram and may include additional charges for larger or heavier items.
ORC (Origin Receipt Charge)
These surcharges are only applicable when leaving Chinese ports. It contributes to the financing of China’s ports.
Port blockage
The blockage of a port occurs when there is an imbalance between the number of vessels and the operational capacity of the port.
A ship must wait in one of these ports before unloading its cargo, which can take several days.
The ports around the Persian Gulf and the Mediterranean are the most affected by this issue (Algeria, Libya, etc.).