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> seen their shipping from China to Europe quintuple It's actually gone up about ten fold since the beginning of 2020. For a long time a 40ft container from C
by Steve44 5y ago
> seen their shipping from China to Europe quintuple
It's actually gone up about ten fold since the beginning of 2020.
For a long time a 40ft container from China to the UK was in the region of $1,500-$2,000. By about November 2020 that had increased to around $7,000 and then in January quotes were coming through of up to $16,000. I think it's been fairly stable in the $15,000 region for a few months now.
The last I heard this is expected to continue for several months.
- MomoXenosaga 5y agoDecoupling is a meme. Although to be fair unlike the US there is literally nobody in Europe who even wants manufacturing jobs back.
- jfengel 5y agoInteresting. Here in the US, those were regarded as stable, well-paying jobs for people without a college degree. They were seen as a middle-class income that could support a family and a house, accessible to just about anybody (at a time when college was relatively rare). They weren't fun jobs, but seen as good solid labor for sound pay. There are a whole lot of problems with those rose-colored glasses (including that it owed a lot to unions, which are often despised in the US), but I'm curious why Europeans don't even want the rose-colored-glasses version. Are they seen as unpleasant jobs? Or unstable?