Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more
Freightos
SEPTEMBER 14, 2022
The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.
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