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Shipping costs skyrocket

Started by dragon53, October 21, 2021, 11:46:13 PM

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dragon53

"... in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos.

Freightos also revealed that shipping to the east coast is more expensive than the west coast, with rates reaching $20,000.

The increase in shipping cost is primarily due to the supply chain crunch, which is jamming seaports, trucking companies, and warehouses."