12/08/2024 – Logistics
Importers face high transportation costs from the Far East
Political tensions in the Middle East are driving sea container freight rates to their highest level in two years. This trend is unlikely to change in the short term.
Patrick Merkel, Managing Director of Prologue Solutions, underscores that political crises are aiding the shipping companies’ strategy. © Prologue Solutions
Freight rates are currently at their highest level since August 2022. © Travel mania/stock.adobe.com
Patrick Merkel, Managing Director of Prologue Solutions, underscores that political crises are aiding the shipping companies’ strategy. © Prologue Solutions