Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons
Freightos
JANUARY 15, 2024
For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.
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