In recent months, shipping rates have skyrocketed. The spot price for shipping a 40-foot container from Shanghai to Long Beach exceeds $4,000, up from a low of $1,300 in March and much higher than the normal rate of $1,600. Be careful – this sharp increase does not reflect a structural change in the global supply …
The post \Shipping Costs Have Skyrocketed, But Auto Companies Must Avoid Painting Themselves In A Corner With Overreact\ first appeared on \Hellenic Shipping News Worldwide\.
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