Kenyan importers have been slapped with a further 20 percent rise in freight charges following a shortage of shipping containers in China.
A spot check by the Business Daily shows that the average shipment charges on a 40-foot container from China had breached the Sh646,000-mark, up from about Sh430,800 in March initially as traders scrambled for the few available containers. The latest rise means freight charges have jumped 95 per cent since December.
