Container Shortage

INTERNET retailers and companies that import products from the Far East to the UK are facing major supply chain disruption and increased logistics costs as a result of a global shortage of shipping containers which has pushed up shipping prices. The cost of shipping goods from China to Northern Europe, one of the most popular trade routes, had quadrupled.

“The container crisis is increasing the pressure on British retailers and manufacturers when they are already having to contend with Brexit and the pandemic on their profitability,” says Charlie Walker, head of marketing at logistics solutions specialist, Walker Logistics.

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