Red alert in global trade
21 Jun
Containers are lacking and prices on international routes have soared.
The industry resents it. Consumers too
International shipping companies are already talking about a perfect global logistics storm that threatens to affect the entire
economy and leave consumers looking at half-empty shelves. The biggest pressure is on the cargo that goes by sea,
where prices have quintupled in recent months: in the Asia-Europe corridor, a 40-foot container, which cost 2,000 dollars (€1,600),
it costs at least $10,000 today, say freight forwarders and entrepreneurs from different sectors repeat. In the connection between China and the
US, the scenario is identical and points to chaos.
To read this news in full, see the link:
https://expresso.pt/economia/2021-02-05-Alerta-vermelho-no-comercio-global
Jornal Expresso News
Pedro Carreira
Commercial
