Surging shipping rates pose new headwind for the global economy

Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.

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https://economictimes.indiatimes.com/small-biz/trade/exports/insights/surging-shipping-rates-pose-new-headwind-for-the-global-economy/articleshow/80282780.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst