I always wonder.......why that Malaysia, especially Port Klang, have such stiff competition on ocean freight's price war? Is it because too many local freight forwarders mushrooming at the local scene? Or perhaps globalisation sets in, many international/ regional shipping lines came into the pictures? Or Malaysia (Port Klang) is such a strategic location that major/ minor shipping lines wouldn't wanna miss out this great piece of cake?

As I'm working in this industry, in the sales arena to be specific, every working day is like a share trading day. Ocean freight rates can go up and down within a day's time. (Luckily that I still have a young heart, otherwise, you'll have to visit me in the hostipal very often)

Shipping Lines will always complain that the profit margin is like going in the down-side everyday. Freight forwarders will always comment that is hard to maintain the contribution of margin for every shipment (Some even saying that with zero profit they will still continue to move the cargo, just for the sake of keeping the customer).

It seems that the massive internal competition between lines & lines, freight forwarders & freight forwarders, lines & freight forwarders, etc, are killing each other very soon. The one that seems benefit the most would be the exporters or importers, as internal rivals keep driving the ocean freight down & down.

Well, don't get me wrong. Competition is vital to drive many areas of service/ product to a better level. Without that, you won't be seeing much improvement.