How the Red Sea crisis could bring yet ANOTHER period of inflation in Spain — just as surge in supermarket prices is beginning to slow theolivepress.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theolivepress.es Daily Mail and Mail on Sunday newspapers.
The price of moving a 40-foot container from China to the West Coast has jumped to almost $16,000 – a tenfold increase from pre-pandemic costs – as surging shipping prices and bottlenecks at [.]
We may be underestimating just how much the shipping crisis will raise prices of consumer goods, a leading economist says msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
A confluence of factors soaring demand, a shortage of containers, saturated ports and too few ships and dock workers have contributed to the squeeze on transportation capacity on every freight path.
Freight-cost surge is threatening to increase the price of everything from toys, furniture and car parts to coffee and sugar, adding to inflation worries