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 leaders reported the highest disruption concerns in two years.
Shipping and logistics face the steepest increases, with some costs rising over 10%.
Prices for computers, transport equipment, and electrical machinery are already climbing.
CIPS said volatility now looks permanent rather than a short-term shock.
Shipping Cost Surge Threatens Higher Prices for Consumer Goods
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
