Abby | 2022-02-25
Ocean freight rate increase in 2021 likely to stay until 2023
In 2020 and 2021, we faced many difficulties in logistics like limited storage space, jaw-dropping freight rates, port congestion, and truck shortage. One of the biggest misfortunes was the Suez Canal blockage which led to a loss of 9.6 bn USD in international trade. In this article, we present the freight rate forecast for 2022 and shipping predictions for the year.
Freight rate forecast 2022
It is estimated that freig......