High freight costs for importers means higher price tags for consumers
Freightos
DECEMBER 2, 2021
However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. Even with increased sticker prices, ocean shipping contributions have climbed to 5% of the current inflated price tags. But elevated freight rates have pushed costs to $4-5 per unit. to more than $48 and from 1.2%
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