Cargo Container Chaos Leading to Sky-High Fees
Brace yourselves for more logistical nightmares and sky-high shipping costs.
We just got quoted $20K for a shipping container. We usually pay $3K
— Dave Llorens (@davellorens) June 25, 2021
Due to the pandemic, shipping ports & terminals are having trouble hiring enough trained people to process all the backlog of ships at shipping terminals.
With some shippers seeing shipping costs surge over 500% (as above), this is only going to hurt consumers in the end as these costs get past down to consumer prices. (Hello inflation).
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