Chartered Institute of Procurement and Supply warned rising shipping costs could push up consumer prices in 2026.
Procurement leaders reported growing supply chain disruption, calling it cracks in global trade.
Shipping, logistics, and energy costs rose fastest, with 22% reporting double-digit increases.
Computer, transport, and electrical equipment prices also climbed sharply.
Manufacturers like Lenovo and Dell already raised prices late last year.
CIPS said geopolitical tensions and tariffs, including policies linked to Donald Trump, fuel ongoing volatility.
Soaring Shipping Costs Threaten Consumer Price Rises, 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.
Keep Reading
Add A Comment
