The recovery of the global economy is threatened by high freight prices, which are likely to continue in the coming months, according to UNCTAD’s ”Review of Maritime Transport 2021” published on 18 November.
UNCTAD’s analysis shows that if the current surge in container freight rates remains, global import price levels and consumer price levels could increase by 11% and 1.5%, respectively, between now and 2023.
Additionally, the impact of the high freight charges will be greater in small island...
https://container-news.com/higher-box-prices-forecast-shadow-over-global-economys-recovery/