Global import price levels could increase by 11% due to global demand surge and limited supply. Several factors point towards an increase in freight rates while importing goods from China across the next few months. We advise booking freight containers from China now to avoid getting caught up in the upcoming cycle of capacity squeezes.
The trade knowledge and execution gap in international trade are growing rapidly. UN has consistently estimated that missed opportunities in international trade have cost the world nearly $1.5 trillion dollars annually. More recent estimates indicate that this number has grown to $3.5 trillion dollars.
Know about the shipping challenges that the world is facing in 2021. From Covid 19 to the Suez canal blockage to the resulting port congestion, container shortages, blank sailings and soaring freight rates.
Find out about the current shipping disruption resulting in delayed shipment and container shortage. Also how can you deal with this peak season rush due to Covid-19.