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    Soaring Shipping Costs Threaten Sharp Rise in Consumer Prices, Warns CIPS

    Andrew RogersBy Andrew RogersFebruary 1, 2026 Business & Economy No Comments1 Min Read
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    Consumer prices for goods such as computers, electrical machinery and transport equipment could rise sharply as shipping costs surge, Chartered Institute of Procurement and Supply warned.
    CIPS said rising transport, energy and raw material costs are exposing cracks in global supply chains.
    A late-2025 survey showed supply disruption concerns at a two-year high among procurement leaders.
    Shipping and logistics face the steepest increases, with 22% reporting costs rising over 10%.
    Computer, transport and electrical equipment prices have also climbed.
    CIPS said volatility now looks structural, driven by geopolitics, tariffs and trade tensions.

    Andrew Rogers
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    Andrew Rogers is a freelance journalist based in Chicago, USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He graduated with a degree in Journalism from the University of Florida. Over the years, he has contributed to leading outlets such as The New York Times, CNN, and Reuters. Recognized for his sharp reporting and thoughtful analysis, Andrew delivers accurate and timely news that keeps readers updated on key national and global developments.

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