⚠️🌎#logistic #сontainer #geopolitics
сontainer freight rates globally surged by a significant 61% in the past week, primarily driven by geopolitical conflicts in the Red Sea region.

global freight rates = pandemic-era levels
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JPMorgan: Red Sea crisis could jeopardize inflation fight as shipping costs spike globally ... the fight against inflation could stall in the coming months if shipping costs push the price of goods higher #inflation