- Timely Topics: Is COVID-19 the Sole Cause of Shipping Disruptions?
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FRB of St. Louis
2022.05.19
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“We’re experiencing relative scarcity of shipping capacity. So, it’s no surprise that we’ve been facing not just higher prices but also increased delays,” says Fernando Leibovici, senior economist at the Federal Reserve Bank of St. Louis. He talks with Maria Hasenstab, a media relations coordinator at the St. Louis Fed, about international shipping cost increases, how shipping costs and timeframes have been affected, and if we’ll see relief from costs and delays in the future.