Re:Ocean shipping rates have plunged 60% this year
by blitzar on Thursday September 08, 2022 @03:35AM
(#32762463)
It is very interesting on the single dimension of shipping rates as well as the obvious implications for the supply chain, consumer demand, and what it means to the #1 economic number at the moment inflation.
> Rates were insane due to Covid
No they were insane due to the post covid boom, which also resulted in 9% inflation & write down the biggest number you can think of and we will pay it tech salaries.
> Rates were insane due to Covid
No they were insane due to the post covid boom, which also resulted in 9% inflation & write down the biggest number you can think of and we will pay it tech salaries.