Russia’s War On Ukraine Could Triple Ocean Shipping Rates
Experts predict that ocean shipping rates could double or triple due to the Russian invasion of Ukraine. Shipping rates could surge from $10,000 per forty-foot container to $30,000, while air freight rates might spike even higher.
- Business Insider: Russia's war on Ukraine could triple ocean shipping rates to $30,000 per container, expert says
- Timber Industry News: Russia's war on Ukraine could triple ocean shipping rates