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27 Sep

Costly freight here to stay, says Moll

Despite some recent signals of alleviation of bottlenecks in global freight, an Austria-based analyst believes those issues are here to stay. “Along with Covid-19 came a shortage of vessels in international trade, and next came the shortage of containers,” says Markus Moll of consultancy SMR. Containers from Asia to the US lately reached a price of $22,200, to both the East and the West Coast. With a loading limit of 22 tonnes of steel per 22-foot cont…
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