Trade

Surging freight rates will have 'profound impact' on global trade for years, says UN agency

A new United Nations report says global shipping and logistics disruptions are likely to continue far longer than first expected.

A major jolt to already severely challenged container supply chains was felt when the Ever Given blocked the Suez Canal for six days in March 2021, UNCTAD said.
A major jolt to already severely challenged container supply chains was felt when the Ever Given blocked the Suez Canal for six days in March 2021, UNCTAD said.Photo: Svitzer
Published 24 November 2021, 05:01Updated 24 November 2021, 08:58
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