Due to the Covid-19 outbreak, outbound freight rates are skyrocketing. The reason for the increase is due to labour shortage and disruptions to logistics that are linked to operations in China. Raymon Krishnan, President, The Logistics and Supply Chain Management Society tells us why freight rates are increasing and how Singapore businesses can avoid the high cost of getting their supplies

 

Due to the Covid-19 outbreak, outbound freight rates are skyrocketing. The reason for the increase is due to labour shortage and disruptions to logistics that are linked to operations in China. Raymon Krishnan, President, The Logistics and Supply Chain Management Society tells us why freight rates are increasing and how Singapore businesses can avoid the high cost of getting their supplies
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