Price of international shipping triples because of container shortages

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Lockdown — a time without parties and drug use? Not quite. Despite COVID, tons of cocaine is ending up in Germany. The stimulant is crossing the Atlantic in record quantities, hidden in shipping containers.

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Demand for freight container transport has been soaring for about six months — despite or because of the pandemic. The same can be said of cargo rates and the profits made by shipowners.

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Coronavirus vaccines are rare and many citizens are waiting for a shot. FDP leader Christian Lindner claims doses are being discarded due to poor logistics planning. Are they?

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As global trade recovers, shipping and air freight capacity is in short supply, in some cases threatening Christmas deliveries. The problem is particularly acute in the UK, just as the next Brexit deadline looms.