Echoes of Pandemic as Freight Woes Lift Consumer Prices

Container ships are seen at Port Botany in Sydney, Australia, Sept. 1, 2021. AAP Image/Dan Himbrechts

Attacks on ships and other global freight issues are adding to costs for Australian businesses, as an expert warns the logjams will drive consumer prices higher.

Freight and Trade Alliance director Paul Zali said some in the industry were referring to the latest supply chain woes as a “baby COVID” in reference to the surge in freight costs during the pandemic.