Are historically high shipping rates causing consumer price inflation?

inflation

Before coronavirus, there was norovirus. Thousands of cruise passengers fell ill each year. “Cruises from hell” blared headlines alongside eye-catching pictures of giant ships. In fact, the vast majority of people sickened by the bug weren’t infected on cruises, but given the media spotlight, norovirus became widely known as the “cruise virus.”

Now we have more eye-catching pictures of giant ships in the news: this time, images of anchored container vessels stretching to the horizon alongside...

https://www.freightwaves.com/news/are-historically-high-shipping-rates-causing-consumer-price-inflation

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