From Excelsior Worldwide Freight Logistics Corp.

90% of everything shipped worldwide is being moved through ocean freight and sea freight, making it the most common channel for importers and exporters’ use. Because of this, logistics industry players keep a close eye on the many factors that affect ocean freight rates. Here are the factors you need to know, as seen in this infographic by Excelsior PH.

SOURCE: https://excelsior.ph/2018/02/28/factors-that-affect-ocean-freight-rates/