ShippingWatch

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.

Photo: Sean Rayford/AFP/Ritzau Scanpix

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.

Read the whole article

Get 14 days free access.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Bawat targets Stockholm listing to raise fresh capital

With an IPO in Stockholm, ballast water system supplier Bawat aims to secure capital for the company’s continued development. The listing comes just six months after the company’s latest cash injection. ShippingWatch has spoken to CEO Marcus Hummer.

Further reading

Related articles

Latest news

See all jobs