Cargo Rates Decline but Logistics Delays Linger

Cargo Rates Decline but Logistics Delays Linger

Industries relying on ocean freight for the bulk of their shipments continue to see decreasing prices in both the transatlantic and transpacific shipping lanes. Although prices remain higher than last year, cargo marketplace Freightos reports a steady decline in ocean container rates. This is not an indication that global logistics problems are sorted out. A…

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