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What Coffee Roasters Should Know: Massive Hikes for Ocean Contract Costs Ahead
By Jodi Louws with Charlie Habegger and Bob Fulmer Global shipping delays and costs are still rising. Since October, we’ve seen consumer spending propel Chinese exports to epic highs. The TransPacific trade has been a vacuum drawing on the global supply of containers and vessel services. This demand, combined with COVID-related labor shortages, congestion, and delays at global ports, have triggered...