U.S. retailers’ ocean shipping price woes ending as new delays threaten

Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand. Carriers like MSC and Maersk are trying to prop up prices by cancelling voyages and …

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