The Chartered Institute of Procurement and Supply warned soaring shipping costs could drive up consumer prices in 2026.
CIPS said rising transport, energy, and raw material costs were creating cracks in global supply chains.
Computers, electrical machinery, and transport equipment face the biggest price pressures.
More than 20% of procurement leaders reported logistics cost rises above 10% by late 2025.
Shipping rates between Asia and the US jumped sharply in recent weeks, adding inflation risks.
CIPS blamed geopolitical tensions, tariffs, and trade uncertainty for sustained price volatility.
Consumer Prices Set to Rise as Shipping Costs Surge, CIPS Warns
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
Related Posts
Add A Comment
