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Shipping Industry Expecting High Rates to Last Through Year

A.J. Hecht August 4, 2022

Less than a minute

Shipping Industry Expecting High Rates to Last Through Year | THE SHOP Shipping giant Maersk is expecting elevated shipping rates to continue through the end of the year, according to a report from Reuters.

Pandemic-related logjams and high demand are driving the high prices, the company said, as well record profits.

Click here to read the full report.

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A.J. Hecht August 4, 2022

Less than a minute

A.J. Hecht

A.J. Hecht is the managing editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at ahecht@cahabamedia.com.