Pakistan-US shipping rates surge over 200% as Iran war drives up costs
The cost of shipping Pakistani goods to the United States has more than tripled on some routes since January, with freight rates climbing as high as $7,900 per container as war-risk insurance and fuel costs surge, squeezing exporters already locked into contracts at far lower shipping prices. The impact is being felt most acutely by ...
Pakistan's shipping costs to the United States have surged over 200% due to the Iran war driving up insurance and fuel prices, affecting exporters heavily. On some routes, freight rates have climbed as high as $7,900 per container, while the textile industry faces the steepest increase, with some exporters absorbing the burden instead of passing the costs to buyers.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.