CHANGING JOB? Change the email address for your WiC subscription  
  View the web version of this email  
  Sep 15, 2021 Visit website  

The cost of hiring shipping containers is at record highs, with rates quadrupling in the last year. That’s great news for the shipping lines but less so for the world’s retailers, who are warning of price rises as we head into the Christmas season. Blame congestion at the world’s ports, analysts say, with some of the worst delays on the routes between China and its key export markets.

Are freight rates going to rise further as we get closer to peak consumer demand in the US and Europe in the fourth quarter? Here’s our interview with Parash Jain, HSBC’s global equity head for shipping and ports, who discusses what’s causing the container crunch and how long it’s going to last.

  Unsubscribe        About Us        Forward to a friend        Preference Center  
  © 2022 Week in China is published weekly by ChinTell Limited, a company based in Hong Kong. All rights reserved.