The Chartered Institute of Procurement and Supply warned that soaring shipping costs could push up prices for consumer goods in 2026.
CIPS said rising transport, energy, and raw material costs are creating cracks in global supply chains.
Procurement bosses reported growing disruption risks, the highest level in two years.
Shipping and logistics face the steepest increases, with 22% seeing costs rise more than 10%.
Prices for computers, transport equipment, and electrical machinery are already climbing.
CIPS said volatility now looks permanent, driven by geopolitics, tariffs, and trade tensions.
Shipping Cost Surge Risks Sharp Rise in Consumer Prices, CIPS Warns
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.
Add A Comment
