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Global shipping costs creep higher after 16-month freefall

Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs is over.

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Global shipping costs creep higher after 16-month freefall

During the peak pandemic, shipping rates skyrocketed tenfold to record highs as consumers started to load up on household items.

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Global shipping costs creep higher after 16-month freefall

Global shipping costs creep higher after 16-month freefall
ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.

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Global Shipping Costs Creep Higher After 16-Month Freefall

Global Shipping Costs Creep Higher After 16-Month Freefall
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Shipping giant CMA CGM paints gloomy outlook as profit plummets

There has been a rapid downturn in the last six months of 2022 which has troubled the container transport industry.

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