Shipping costs are surging around the globe, causing the price of sending a container from Asia to the West Coast to increase many times over.
When Donald Trump was president in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos.
Freightos also revealed that shipping to the east coast is more expensive than the west coast, with rates reaching $20,000.
The increase in shipping cost is primarily due to the supply chain crunch, which is jamming seaports, trucking companies, and warehouses.
Shipping Costs Surge: $17,000 to Ship Container to California from Asia, Up from $3,800 in 2020
- by: WENDELL HUSEBØ
- 2021-10-21
- Source:
Breitbart
- 10/21/2021
Sailing on San Francisco Bay by Matt Zimmerman is licensed under Flickr Attribution 2.0 Generic (CC BY 2.0)
Sailing on San Francisco Bay by Matt Zimmerman is licensed under Flickr Attribution 2.0 Generic (CC BY 2.0)
