---
title: Accept No Logistics Surcharges into Q1 2024
description: Accept No Logistics Surcharges into Q1 2024
---

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# [Accept No Logistics Surcharges into Q1 2024](https://pages.supplyframe.com/ciq/accept-no-logistics-surcharges-into-q1-2024)

 Written by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) | Dec 1, 2023, 8:26:49 PM

Ocean freight shippers are and have negotiated current and due-to-expire long-term agreements as spot rates remain significantly lower than long-term rates. Both spot and contract air cargo rates continue to fall from the highs of 2022, general cargo rates down globally by nearly 40% year-on-year through the first eight months of 2023, yet special rates (including high-tech) rose by 7%, according to WorldACD. Buyer's should move to secure long-term agreements before air rates likely rise in 2024, while noting that ocean freight rates – driven down by massive excess capacity this year – may artifically be inflated as lines employ blank sailings, schedule adjustments, ans slow steaming to constrain supply.

[View full post](https://pages.supplyframe.com/ciq/accept-no-logistics-surcharges-into-q1-2024)

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