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Freight Costs Top Tariffs for First Time Since 2017, Data Shows

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

While increases in freight costs have been an ongoing concern, companies in the fourth quarter of 2020 saw charges for U.S. inbound routes rise to a nearly $10 billion shipping inflation problem. For most of last year, supply chains have had a number of challenges ranging from manufacturing disruptions caused by the coronavirus pandemic, mass…

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