Bottlenecks Rattle World Economy Backbone of Container Shipping

The main sticking point: Spot rates to transport goods, which typically fade in the final weeks of the year, are still soaring despite the service disruptions. The rate to ship a container of goods from China to Europe jumped 17% last week, tripling from a year ago to more than $4,400, according to Hong Kong-based Freightos, an online shipping marketplace.

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