Rising costs of shipping

An article from the South China Morning Press on the rising costs of shipping - something that has been happening quite steadily for the last year, driven partly by the disruption to the usual

This will mean rising costs of goods ultimately.

One of the drivers of globalisation was the shipping container, and the distribution network that it led to... a network which has seen some challenges due to COVID-19, the Ever Given and other issues surrounding trade in the last few years. Rising costs are now creating major financial problems for UK companies.

We are also seeing a global shortage of the containers themselves, as they are not always where they need to be.

Image: Shipping Container - Alan Parkinson, shared under CC license