Economic
Red Sea shipping delays push global freight costs to two-year high
7/10
Container rates have climbed sharply as carriers reroute around the Cape of Good Hope.
Sustained rerouting adds 10-14 days to typical Asia-Europe transit times, which compounds through global supply chains over the following quarter and tends to show up first in imported goods prices.
economic
7/10
Freight costs rising sharply
Source: Reuters — Read the original article ↗