UN warns higher container rates to hit consumers

A surge in container freight rates could entail increased prices for consumers next year, the UN warns on Thursday.

by marketwire

Published: 18.11.21 at 11:56

Thursday, the UN warns that a surge in container freight rates could mean higher prices for consumers next year, unless the problems following the Covid-19 pandemic are solved.

The United Nations Conference on Trade and Development (UNCTAD) says the import price level could rise by 11 percent and the consumer price level by 1.5 percent from now until 2023.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

Access all locked articles
Receive our daily newsletters
Access our app

Start a free company trial today

"The challenges we face as an industry require more skills and competencies"

Foto: Lucy Nicholson/Reuters/Ritzau Scanpix

They are a generation of future maritime leaders shaped both by Covid-19 and shutdowns and now by a world filled with tension. Four potential future managers enrolled in the Blue MBA program give their take on why it is important to improve your skills.

Leading shippers prepared to pay 10% extra for sustainable transportation

Shippers are willing to pay more for ”green” transportation if it’s reliable. But they have to state their wishes more clearly, and prices have to be lowered, writes McKinsey in a new report, which provides suggestions for how to accelerate decarbonization.