News / Perishables shippers getting buffeted by bad weather and rising costs

22/08/2018

Severe weather conditions taking a heavy toll on many crops are hurting perishables exporters – and their misery is compounded by high freight rates that erode margins.

In Europe, the climate has taken a heavy toll on agriculture, with double-digit declines in grain output across much of central and Eastern Europe.

Owing to heavy rain and flooding, Ukraine’s wheat harvest looks set to amount to a paltry five million tonnes, which marks a 75% slump from last year.

In Germany, which has suffered drought and ...