Re:Ocean shipping rates have plunged 60% this year
by Animats on Wednesday September 07, 2022 @01:43AM
(#32746797)
But still way above "normal", which is about $1000-$1500/TEU from China to Los Angeles.
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Re:Ocean shipping rates have plunged 60% this year
by hef19898 on Wednesday September 07, 2022 @11:02AM
(#32751563)
Those rates have never been sustainable in the long run, back when you got around 2-3 k from Shanghai to Rotterdam. That was the time when Hanjin went under, for example. Great for shippers, bad for carriers. Then we had Covid, Ukraine and all that and rates are still far from normal. It seems to get better so.