PORT KLANG (Bernama) -- Freight forwarding industry needs the government to intervene to help bring down overseas logistics rates which have escalated almost 10 times compared to pre-COVID-19 period, said an industry member.
Freight forwarder Mory-Tnte Mondial Express Sdn Bhd Chief operating officer, N. Thaswin said a 40-footer container that goes to the United States (US) during pre-COVID-19 would be in the range of US$3,000 to US$4,000 per container and the same container amounts to about US$22,000 to US$23,000 currently.
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