Shipping & Logistics

McKinsey: Near-shoring a medium-term solution to high freight rates

Shippers urged to consider ‘creative alternatives’ in uncertain freight rate environment

Congestion in ports such as Long Beach (pictured) has been the biggest cause of high freight rates.
Congestion in ports such as Long Beach (pictured) has been the biggest cause of high freight rates.Port of Long Beach
Published 11 April 2022, 07:58Updated 11 April 2022, 18:51
COVID-19Container shipping crisis