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New vessels expected to lead to lower ocean shipping rates

Aug 12, 2024
Rates have come down slightly in the last few weeks,
Cargo ships often take two and a half years to build.
Justin Sullivan/Getty Images

A perfect storm sends shipping rates surging

Jul 19, 2024
Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.
Storms, war, drought and holiday season front-loading have all raised the cost of sending goods around the world.
Getty Images