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Staff Reporter | Dhaka | Tuesday, September 23, 2025
In 2025, managing freight costs in international trade has become a major challenge for businesses. Rising fuel prices, global logistics disruptions, and market volatility are driving shipping rates higher this year.
Reasons Behind Rising Freight Costs
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- Fuel Prices: Increases in oil prices have directly raised shipping costs.
- Global Logistics Disruptions: Port delays, container shortages, and labor constraints are impacting freight rates.
- Fuel Prices: Increases in oil prices have directly raised shipping costs.
- Currency Fluctuations: Exchange rate volatility, particularly the US dollar, affects international shipping expenses.
Strategies for Businesses to Secure Better Deals
- Advance Bookings & Long-Term Contracts: Lock in rates for the year or specific seasons to reduce exposure to market fluctuations.
- Strong Relationships with Shipping Agents: Partnering with reliable agents and maintaining regular business can help negotiate lower rates.
- Multi-Route & Multi-Modal Options: Explore alternative routes and transport modes rather than relying on a single path.
- Data & Analytics: Analyze past shipping costs and timelines to plan more efficient future shipments.
- Freight Insurance & Risk Management: Include insurance and risk mitigation clauses in contracts to reduce the impact of unforeseen events.
Opportunities for Bangladesh
For Bangladesh’s ready-made garments (RMG) sector and other export industries, freight costs remain a significant expenditure. Experts suggest that effective planning and strategic contract negotiation can help reduce costs and maintain competitiveness in global markets.
In short, securing smart freight deals in 2025 will be a key factor in business success.
