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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
THE skyrocketing price of shipping goods across the globe may hit your pocketbook sooner than you think from that cup of coffee you get each morning to the toys you were thinking of buying your kids.
Read more about Out-of-control shipping costs fire up retail prices from coffee to toys on Business Standard. Soaring demand, shortage of containers, saturated ports and too few ships have contributed to the squeeze on transportation capacity on every freight path.