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News / Red Sea crisis drove shipping rates up faster than Covid, but some are falling

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© Kaspars Grinvalds
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The Red Sea crisis is resulting faster rate increases than the start of the Covid-19 pandemic, but the fallout will not last, as shippers become tired of opaque surcharges.  

Xeneta’s recent data shows shipping costs from the Far East to Europe spiked more than 200% ...

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