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Sep 17, 2023

Shipping

Shipping containers are loaded onto trucks at the Port of Boston in

Shipping containers are loaded onto trucks at the Port of Boston in Massachusetts.

Ana Monteiro

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The pandemic-era surge in shipping costs was a "smoking gun" that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last year will contribute to an easing in price pressures, a former International Monetary Fund official said.