Business
Shipping cost surge raises retail price pressures and inflation risks – ABC News
You could soon be paying more for products like tinned food, clothing, shoes, toys and computers as traffic jams at global ports…
A surge in demand since the lows of the coronavirus recession has sent the cost of sea freight skyrocketing around the world and that could soon see consumers paying higher prices.
Key points:
- Soaring demand for physical goods has increased congestion and…
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