Skyrocketing freight rates across major tradelanes are eating into retailers margins and making the transport of some commodities unsustainable.
According to an analysis by Sea-Intelligence, average spot rates, together with carrier premium fees – that have become essential in order to secure equipment and space on board heavily booked vessels – means the de-facto rate from Asia to the US west coast is nearer to $10,000 per 40ft, and for North …
The post No shade for trade as still soaring freight rates start to take their toll appeared first on The Loadstar.
Source: The Loadstar
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