Auto industry rebound jacks up ocean rates to Russia
Workers assemble a Lada passenger car in Russia. Photo credit: Shutterstock
A rebounding Russian auto industry has led to rate increases of between 12 and 15 percent in ocean rates on services from Europe and Asia.
The year-over-year increases in rates this October have put EU-Russia shipping rates at between $1,150 and…
Auto industry rebound jacks up ocean rates to Russia
Journal of Commerce