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Ports see container rates rocket by 300%
date:Nov 25, 2020
European ports are suffering a perfect storm from Covid and Brexit as the cost of shipping goods is increasing by up to 300%.

According to Mike Bowden, group marketing manager at logistics and shipping provider Cory Brothers, port congestion and supply chain costs had led in some instances to the price of shipping a container rocketing to $8,000. Shipping firms have exponentially increased freight rates, with current standard cargo import prices increasing by 200-300%. At the beginning of the y

12/22 08:42