Freight costs edge toward pandemic levels, hitting solar module costs
- Admin
- Jun 5, 2024
- 1 min read
Freight container shipping spot rates have increased significantly, reaching their highest level since 2022 according to Xeneta data. The rates are impacted by ongoing conflicts, port congestion, and increased imports ahead of the peak season. The article also discusses the effects of these rate increases on solar panel costs and freight forwarding practices.
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