Customer Broker: Import costs up by 300%, likely to continue into 2022
Shipping costs are up by more than 200 to 300 percent and the global supply-chain bottlenecks that are driving the increase are likely to continue well into next year, 25-year veteran Custom Broker Delroy Fairweather told The Reporter this week. Fairweather explained that the congestion in ports across the world have translated into significant price increases for consumers. Prior to the pandemic, the cost of shipping a regular container into Belize would cost around US$4,000