The Chartered Institute of Procurement and Supply warned soaring shipping costs could push up consumer prices in 2026.
Rising transport, energy, and raw material costs are straining global supply chains.
Procurement teams report growing disruption risks at the highest level in two years.
Shipping and logistics show the steepest increases, with many costs rising over 10%.
Prices for computers, electrical machinery, and transport equipment already climbed.
CIPS said volatility now looks permanent, not temporary.
Geopolitical tensions, tariffs, and policies linked to Donald Trump are adding pressure to global trade.
Shipping Cost Surge Threatens Sharp Rise in Consumer Goods Prices
By OMN AI
OMN AI
This article was created with the assistance of OMN AI, the AI-powered editorial platform developed by OMN Group. Every article is reviewed, fact-checked, and approved by a human journalist before publication to ensure accuracy and editorial quality. Learn more at https://omngroup.com
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