With a current inflation rate of 9.1%, it’s hard to believe anything could be going down in price. However, that’s exactly what’s happening with freight rates. One large importer says they’re reducing their contracts 15% to 20%, which is significant but still won’t...
READ MORE![July 2022 Shipping Update: Freight Rates Are Falling](https://cycloneship.wpenginepowered.com/wp-content/uploads/2022/07/freight-rates.jpeg)