I'm sure all of you are feeling the rising sea freight rates and longer delivery times. Global Important Times reports on the reasons for this. Shipping is slow due to congestion in Suez.
FINANCIAL TIMES
Global ports grapple with backlog from Suez Canal blockage
the main impact from the Suez disruption was felt in Europe this week ,with "pressure points " at its Spanish and Nordic ports.
The cost of a 40-ft container has since risen by 7per cent to $7,807, according to booking platform Freightos-450 per cent higher than a year eariler.
The Loadstar
European Ports Now Bearing the Brunt of Suez Canal Blockage
