Shipping rates from China spike ahead of US holiday season

COVID creates logistics scarcity that empties North American and Europen stores

20201009 Chart

A container terminal in Fukuoka, Japan. Due to the pandemic, there are fewer container ships crisscrossing the seas, which has led to a surge in shipping prices.

KAZUHIRO KIDA and NORIKO UCHIYAMA, Nikkei staff writers

TOKYO/NEW YORK/HONG KONG -- The coronavirus pandemic has triggered a spike in international shipping rates that risks impacting Christmas sales and the global economy.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.