By the end of 2021 the cost of shipping from Asia to the west coast of the U.S. had risen 330 percent in one year. According to the Freightos Baltic Index, as of June 22nd the average global price to ship a 40-foot container was $7261, down from a peak of over $11,000 in September 2021, but still five times higher than before the pandemic. The United Nations Conference on Trade and Development (UNCTAD) estimated that higher shipping rates during the lockdown raised the inflation rate by 1.5 percent. More
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Joseph Grosso | radiofree.asia (2024-05-03T16:27:04+00:00) » In Deep Water: Shipping in the Global Economy. Retrieved from https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/.
MLA" » In Deep Water: Shipping in the Global Economy." Joseph Grosso | radiofree.asia - Friday July 1, 2022, https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/
HARVARDJoseph Grosso | radiofree.asia Friday July 1, 2022 » In Deep Water: Shipping in the Global Economy., viewed 2024-05-03T16:27:04+00:00,<https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/>
VANCOUVERJoseph Grosso | radiofree.asia - » In Deep Water: Shipping in the Global Economy. [Internet]. [Accessed 2024-05-03T16:27:04+00:00]. Available from: https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/
CHICAGO" » In Deep Water: Shipping in the Global Economy." Joseph Grosso | radiofree.asia - Accessed 2024-05-03T16:27:04+00:00. https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/
IEEE" » In Deep Water: Shipping in the Global Economy." Joseph Grosso | radiofree.asia [Online]. Available: https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/. [Accessed: 2024-05-03T16:27:04+00:00]
rf:citation » In Deep Water: Shipping in the Global Economy | Joseph Grosso | radiofree.asia | https://radiofree.asia/2022/07/01/in-deep-water-shipping-in-the-global-economy/ | 2024-05-03T16:27:04+00:00
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