Articles written by Mike Rau - Benzinga

China Trade, Pandemic Increases Transportation Costs For Traders

China Trade, Pandemic Increases Transportation Costs For Traders

Alongside the COVID-19 coronavirus pandemic and increased tensions with China, U.S. importers built up their inventories to hedge against future supply chain conflicts. As a result, peak shipping season came earlier this year, pressuring logistical capacity which drove transportation prices to historic highs.