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HIGHER FREIGHT RATES

CARGO TO NEW ZEALAND Wellington, This Day. Advice lias been received by the Bureau of Importers from (be Australian, New Zealand Morelianis and Shippers’ Association, London, that the new schedule of freight rates cm outward cargo to New Zealand is now double that ruling before the war for all classes except one, in which the increase i« slightly less. For instance, the pre-war rate of 4.1/- for the first-class had reached 70/- by May 18, and is now 90/-. Similarly, that for another class, 1120/- pre-war, was 334)/on May IS and is now 440/-. The Bureau of Importers, state* that ita view is that “however necessary these increases may be from the short-term view in the long run they must necessarily have r retarding effect on Britain's ‘export trade. The freight rate* will raise the landed costs of British goods in overseas countries, thus giving a higher margin within which competitive goods could he manufactured in those overseas countries. Higher freight, rate® will have the effect, Of rnu ti nc trgflfcjf

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19450806.2.42

Bibliographic details

Nelson Evening Mail, Volume 80, 6 August 1945, Page 4

Word Count
174

HIGHER FREIGHT RATES Nelson Evening Mail, Volume 80, 6 August 1945, Page 4

HIGHER FREIGHT RATES Nelson Evening Mail, Volume 80, 6 August 1945, Page 4

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