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Freight & Supply-Chain Updates: Ocean Freight Rates Soar Thanks To Red Sea Risks And Spill-Over

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If you didn’t notice during the pandemic, global events have a way of messing with global logistics, freight rates and supply chains. For most of 2023, the freight and logistics measures we follow told a tale of a system returning to normal after the downturn and upswing of pandemic effects. From shippers’ and buyers’ points…

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