Freight costs edge toward 4% of solar module costs, near pre-pandemic levels

Freight costs fell for the 39th straight week to account for roughly 4% of solar module costs - close to pre-pandemic levels. PV consultant Asier Ukar tells pv magazine that this trend will likely continue over the short term.Freight costs have fallen significantly in recent months and are now approaching pre-pandemic levels, according to Drewry, a UK-based consultant for the shipping industry. The company's World Container Index (WCI) shows that freight costs fell by 7% this week, for the 39th consecutive week of decline, and by 74% from the same week in 2021. "The latest Drewry WCI composite ...

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