top of page
Search
  • Stephen Fodor

Why the Cost of Shipping Goods From China Is Suddenly Soaring


January 19, 2021


(Bloomberg) Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

The coronavirus crisis snarled global shipping in early 2020 as borders were closed, but lots of people expected it to improve as vessels returned to position. Instead, more than a year later, the shipping crisis has only gotten worse and standard container rates on some transpacific routes have more than quadrupled, leading to yet another headwind for economies in the midst of fragile recoveries and global trade. On this episode, we speak to economist, historian, and author Marc Levinson. He talks about where all this transport disruption is coming from, what it means for global trade, and whether it will lead to a big rethink of the shipping industry.


To Read More: https://www.bloomberg.com/news/articles/2021-01-18/why-the-cost-of-shipping-goods-from-china-is-suddenly-soaring


Or Listen to the Podcast: https://megaphone.link/BLM8419152144



Please contact us for further information or questions – info@tradelogicintl.com

9 views0 comments

Recent Posts

See All

Importers who have been able to take advantage of the exclusions from additional duties on certain products from China are now able to continue to claim those exclusions through Sept. 2023. The exclus

  • Twitter
  • LinkedIn
  • Facebook
  • YouTube
  • Instagram

need assistance from a licensed CUSTOMS broker?

Thanks for submitting!

bottom of page