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
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.
