4 ms·
Something interesting to me is that this article comes a t a time when shipping is reaching record highs. We used to pay around 4k for a container from Asia to
by themaninthedark 5y ago
Something interesting to me is that this article comes a t a time when shipping is reaching record highs. We used to pay around 4k for a container from Asia to the US, now the price is 25k.
It looks like there a a large amount of volatility in the shipping system as this is not the first time we have seen price jumps and crashes. I remember hearing about shipping congestion/issues in SEA a couple years ago as well as periodic stories about congestion/issues at Longbeach.
With global trade ever on the rise, we should expect to see it remain profitable, unless there are too many companies coming in and trying to undercut each other.
- m463 5y agoI wonder what effect Ever Given had on all of this
- themaninthedark 5y agoWe were having issues before the Ever Given but that did not help. Our orders come from Asia to Eastern Sea board.