The pandemic is making a mess of shipping from China ...Middle East

If you’re a European or US company trying to get your goods shipped from China, good luck.Competition for container space has soared, resulting in delays for retailers trying to import items and skyrocketing costs. In the past year, the price to ship a 40-foot container from China to northern Europe almost quadrupled, according to Freightos, an online marketplace for freight shipping, and nearly tripled to the west coast of the US.The increases can rise even higher in some cases, and that’s if you can get an empty container to begin with. Not having an available container “is probably much more damaging” than the higher costs, says Eytan Buchman, chief marketing officer at Freightos. “That’s

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