shipping costs

Global shipping rates have nearly doubled since late April, MFAT says. Although remaining below the Covid-19 peak, firms' ability to recover recent increases is very limited

Global shipping rates have nearly doubled since late April, MFAT says. Although remaining below the Covid-19 peak, firms' ability to recover recent increases is very limited

Suez Canal trade down 50% in first 2 months of year, while Panama Canal trade fell 32%, disrupting supply chains & distorting key macroeconomic indicators

Suez Canal trade down 50% in first 2 months of year, while Panama Canal trade fell 32%, disrupting supply chains & distorting key macroeconomic indicators

The pressure on the Suez Canal routes provides a fat tail risk of potential fresh waves of inflationary supply shocks for western economies & financial markets, which are currently predicting nothing but easing price pressures and large rate cuts in 2024

The pressure on the Suez Canal routes provides a fat tail risk of potential fresh waves of inflationary supply shocks for western economies & financial markets, which are currently predicting nothing but easing price pressures and large rate cuts in 2024