Since the spring, Chinese and Turkish logistics companies have doubled the costs of container transport. This was the result of a decrease in competition following the departure of Western companies from the market and an increase in the demand for supplies. But in the end, this can lead to an increase in the price of goods.
Gleb MishinDue to the cessation of activities in the Russian Federation of a number of logistics companies, the number of providers of such services has decreased sharply. Those that remain raise prices, we can say that a kind of quasi-monopoly has been created.
Container shipping prices rose from $6,000 to $11,500. And the price of air travel from China has tripled since late March. Sea freight has also risen in price.
There is therefore every reason to increase the prices for end products, including those from China.” Phil Spencer: There will be no more exclusivities
Source: VG Times