Source: EXPORTS NEWS, 12/6/21

Shipping prices between China and the US have unexpectedly climbed to record highs, not long after the COVID-19 outbreak disrupted the global freight market. Rates have topped $20,000 per 40-foot box as increasing retailer orders ahead of the peak pre-Christmas US shopping season further strain global supply chains. While parts of the world have returned to their pre-COVID state, it’s worth noting that in most places, COVID is still a huge hindrance to business...

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