Global Cargo Shortage Affects Costs

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Global Cargo Shortage Affects Costs

A cargo ship loaded with containers in Lisbon, Portugal, on September 1, 2024. The cost of shipping goods from China to Europe increases, hitting record highs due to a shortage of empty cargo containers, Russia's invasion of Ukraine, and other disruptions in global trade. The average cost of shipping a standard large container surpasses $15,000. (Photo by Luis Boza/NurPhoto via Getty Images)


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