Global transport costs to increase due to Red Sea Crisis
‘With trading vessels being targeted in the Red Sea, the cost of transporting goods globally will increase and inevitably trickle down to the end consumer,’ Nicole Hudson, Director at e2open, told The Logistics Point. 30% of global container traffic flows through the Suez Canal, as such it’s inevitable that businesses and consumers will have to deal with rising … Continue reading Global transport costs to increase due to Red Sea Crisis
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