Shipping rates for containers from Asia to Europe have doubled due to increased demand and supply chain disruptions, with urgent shipments costing as much as $10,000. CMA CGM SA has raised its rates significantly, responding to stretched capacities from ongoing regional conflicts and higher consumer demand in the U.S. and Europe. PRIMO’s integrated freight management solutions directly address the escalating costs and logistical complexities by offering efficient, cost-effective transportation options, ensuring businesses can manage expenses and maintain supply chain fluidity despite market volatility.
This summary provides an overview of the situation regarding shipping container costs and the factors influencing the market. If you need more information or assistance with another topic, feel free to ask!
Reference: ttnews.com