“Transpacific container rates climbed sharply to start the year on GRIs [general rate increases] supported by pre-Lunar New Year demand,” wrote Judah Levine, head of research, in a weekly update for ...
She's one of many UK importers facing soaring freight costs amid a global shipping crisis that may last months. A shortage of empty shipping containers in Asia and bottlenecks at the UK's deep sea ...
Mr O'Brien said this had led to shipping companies increasing their container costs. For Boxer Gifts that has amounted to a 250% increase in shipping rates in the past two weeks, he said.