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Supply Chain Shipping Hell! Records Get Shattered As Boats Line Up to Wait at California Docks
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191 views • 09/20/2021
DAHBOO77
Two years ago, the cost for a 40-foot container to transport goods from Asia to the U.S was under $2,000. Today it's as much as $25,000.
Average rates for giant Capesize bulk carriers -- which can carry products like coal, iron ore and grains -- jumped by $6,700 a day on Monday, the most since 2010, as owners continue to benefit from strong demand for raw materials. The rally extended Tuesday, pushing the daily rate to almost $53,700, the highest level in 11 years, Baltic Exchange data show.-
Learn More: https://www.zerohedge.com/economics/s...
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Two years ago, the cost for a 40-foot container to transport goods from Asia to the U.S was under $2,000. Today it's as much as $25,000.
Average rates for giant Capesize bulk carriers -- which can carry products like coal, iron ore and grains -- jumped by $6,700 a day on Monday, the most since 2010, as owners continue to benefit from strong demand for raw materials. The rally extended Tuesday, pushing the daily rate to almost $53,700, the highest level in 11 years, Baltic Exchange data show.-
Learn More: https://www.zerohedge.com/economics/s...
Your Support of Independent Media Is Appreciated:
https://www.paypal.me/dahboo7
https://patriottv.live/dahboo7/
DLive- https://dlive.tv/DAHBOO7
https://www.reddit.com/user/DAHBOO77/
If you want to stream, Sign Up! https://dlive.tv/r/refer/streamer?nam...
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mixer- https://mixer.com/DAHBOO7
www.undergroundworldnews.com
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https://twitter.com/dahboo7
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