Shipping & Freight Cost Increases, Freight Capacity, and Shipping Container Shortage [2021]
Posted by David Zhou on 24 June 2021 11:38 AM | |
Freight & Shipping Delays
With ongoing pandemic-related delays and closures, non-stop demand for ocean freight from Asia to the US, and a severe lack of capacity, ocean rates are still very elevated and transit times volatile. Air cargo rates are also up as importers and exporters seek alternatives to sea freight. Plus, with retailers still struggling to keep inventory levels up and already looking to get a leg up on peak season, there may be no relief from high costs, long delays, Read more | |