Companies save big on sea freight after expensive years during pandemic

It’s become much cheaper for businesses to transport goods via sea. ”We expect considerable, double-digit savings,” says B&O.
Danish company Bang & Olufsen expects large savings on sea freight. | Photo: Reuters Staff/Reuters/Ritzau Scanpix
Danish company Bang & Olufsen expects large savings on sea freight. | Photo: Reuters Staff/Reuters/Ritzau Scanpix

Major retail companies are counting on spending far less on freight following explosion of transportation costs during the coronavirus crisis.

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