ShippingWatch

Port congestion and sky-rocketing freight rates hit Barbie

The explosion in freight rates and historic shortage of capacity have a notable impact on global toy companies Mattel and Hasbro, the manufacturers of Barbie and Peppa Pig. Price increases and new production set-ups are among the responses.

Photo: Mark Lennihan/AP/Ritzau Scanpix

Virtually every global company is experiencing a painful whiplash from the increasing freight rates this year. The entire transport market is marked by an explosion in transport expenses and a significant shortage of capacity.

This development is leading companies around the world to accelerate the basic restructuring of their whole production and supply chains.

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

Further reading

Related articles

Latest news

See all jobs