Economics
Shipping-Container Rates Top $10,000 From Asia to Europe
- Seaborne-freight cost continues to rise, hurting importers
- Shares of ocean carriers and orders for new ships are soaring
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The cost to move goods in a shipping container to Europe from Asia shot above $10,000 for the first time on record, an index showed, underscoring the pain inflicted on exporters and importers struggling with stretched supply chains.