- A Retail Group based in London used to pay $2,000 to ship a 40-ft container to the UK and now they’re paying at least $8,000 up to $10,000.
- Major shipping companies including Marseille-based CMA-CGM have told UK importers no more bookings can be made for ships sailing from Asia until the last week of December.
- A ports analyst warned the end result could resemble the credit crunch of 2008 when importers’ lines of credit dried up.
Businesses say a global shipping crisis is causing freight...
https://mfame.guru/price-rises-likely-due-to-uk-shipping-problems/