Vestas struck by historically high transport prices
Parties willing to pay the most get their wares shipped, says Vestas' CFO after a quarter when a "double whammy" on transport costs, to mention one factor, resulted in a guidance downgrade.
In the US, freight operators have started to make long-distance telephone calls. Earlier this month, Bloomberg reported an extensive and acute short supply of truckers in the country, leading companies to import drivers from as far away as South Africa. Meanwhile, global freight rates for container shipping have reached record levels, which are only showing signs of continuing their ascent.
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