Newsletter – January 2017

Newsletter – January 2017
2017 – An Interesting Year?
​2016 was a tumultuous year for carriers, defined by low rates, overcapacity and the subsequent collapse of Hanjin. However, the final months of the year saw generally higher short-term rates, with the market average price for 40’ containers on the main routes climbing.


As we enter January a lack of capacity and increase in rates has meant some uncertainty in the market. Exports from the UK to Indian-Sub Continent, Middle East and Asia have all been affected with some shipping lines even rolling lower paying cargo due to temporary space limitations.

Consequently rate agreements are short term and Freight Forwarders and Shippers are currently advised to book space as early as possible with some Lines.

The outlook for 2017 across the shipping world appears uncertain. Shipping Lines are looking to maintain the levels of freight as high as possible however there remains a structural over capacity of containers to cargo. All it will take is a couple of lines to drop rates and chase market share and rates will drop again.

With some political uncertainty added to the mix – it will be an interesting year!

For more information please feel free to call us on  +44 (0) 1274580049  or email us at



Charity Begins at HOME

This month Freight Agency are honoured to be providing our services to Home Leone, a charity
organisation helping the poorest in Ebola troubled Sierra Leone. As a charity, they are Aiming to build 1,000 low cost homes in Sierra Leone to relocate thousands of people from devastating slum conditions.

Freight Agency shipped a container of school equipment from Luton to Freetown – the idea of shipping the parts of a school that has closed down was featured on the BBC News recently.
Home Leone was founded by Nigel Hyde on 2nd April 2014 and achieved charity status on 12th August 2014. Nigel’s reason for choosing Sierra Leone for this charity work is that he feels that the problems they face daily are worse than any others he has seen after visiting over 70 countries. Nigel felt that the situation, then made worse by the 2014 Ebola crisis, called for the support of those who have so much materially.

Home Leone is a new and innovative venture. With Nigel’s leadership, along with the dedicated support of volunteers and staff, Home Leone will be truly transformative in the communities it reaches and the lives it touches. If you would like to learn more about Home Leone or get involved with their work, please visit their website



How to Ship a “Banksy”

Earlier this month Freight Agency Ltd organised the transport of an original
Banksy art piece purchased by an art collector.

The painting was transported from London to Dubai, via air freight. The piece was transported in a specially manufactured crate in order to ensure that it was not damaged in transit.


For more information on the air freight services which we can provide please feel free to call us on  +44 (0) 1274580049  or email us at