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Freight prices between China and Europe more than tripled

The costs of shipping a forty-foot container from Asia to North Europe has increased to more USD 9,000, freight forwarders and importers tell Financial Times.

Photo: Kin Cheung/AP/Ritzau Scanpix

The price of shipping goods between China and Europe has more than tripled in the past eight weeks, reports Financial Times.

A container shortage during the pandemic, among other things, has pushed prices to the record-high levels.

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