Yantian Effect’ Could Cause Shortage of Goods as Freight Rates Set to Stay High
SHENZHEN : Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely lead to shortages of low-value goods no
Shanghai to Europe rates rise for 10th consecutive week
Freight rates for container exports from the Port of Shanghai in Week 23 increased from the previous week on several trade routes, which do not include those to
300% increase in freight costs plague SMEs
NEW DELHI : The shipping and logistics crisis plaguing the industry since the onset of Covid freight costs have skyrocketed 300% , worsening the situation for Indian SMEs