Global shipping costs continue to rise with charter rates expanding by 65 percent this second quarter, dimming the situation for food importers, such as meat processors, reports Business Mirror.
Continuous surge in charter ratesRoyal Cargo Inc. Chief Operating Officer Jet B. Ambalada told the BusinessMirror that charter rates and freight costs continue to rise with no immediate improvements in sight until a full vaccine rollout against Covid-19 is achieved.
Ambalada said charter rates kept rising...
https://mfame.guru/global-charter-rates-climb-65-in-q2-leaving-food-importers-in-distress/