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Covid Rebound Has Ocean Freight Rates Cresting

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Ocean container freight rates are rising, as trade activity has picked up following several months of depressed shipping during the peak of the pandemic. Executives from Flexport, a global freight forwarder and customs broker, discussing the issue and other “Top Global Trends in Ocean Freight,” during a Wednesday webinar, noting that July shipping and overall…

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