Threat to supplies as shipping costs soar
Air freight costs have also as much as tripled as a big proportion of the world’s passenger jets remain grounded, resulting in limited capacity. Mr O’Brien said most of his clients’ imports include the likes of furnishings, cosmetics, patio stone, as well as other items for garden centres and vehicle tyres. “I don’t know what garden centres are going to do at the end of January or into February when people start looking for products,” he said. A spokesman for Woodies DIY, which is owned by the stock market-listed Grafton Group, said freight costs out of Asia have "risen dramatical...