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Global Container Freight Rates (40' Containers) are lower today than they were in Feb 2020
Posted on 6/3/23 at 7:51 pm
Posted on 6/3/23 at 7:51 pm
quote:
Feb 7, 2020: $1,468 (pre-covid rate)
Sep 10, 2021: $11,109 (peak rate)
Jun 2, 2023: $1,380 (-88% from peak)
quote:
Take out everything between Feb 2020 and June 2023 - and there is nothing to see! Its called normalization. It took three years to beat a nasty pandemic, nearly ZIRP ourselves to a red bull high - hyperinflation death, and then get back to inventing the future with AI.
LINK
7
Posted on 6/3/23 at 7:52 pm to rickgrimes
it was a frick crazy couple of years there
Posted on 6/3/23 at 7:54 pm to rickgrimes
Shouldn’t they be? That Covid nonsense/ BS was absurd! I understand it was market adjustment, but this is a market adjustment also….
Posted on 6/3/23 at 7:54 pm to rickgrimes
quote:
It took three years to beat a nasty pandemic
Posted on 6/3/23 at 7:58 pm to rickgrimes
Posted on 6/3/23 at 8:18 pm to rickgrimes
We were paying closer to $25k all in during peak. It was insane.
Posted on 6/3/23 at 8:24 pm to rickgrimes
How much more rubber dog shite can the 3/2 dwellers cram into Tupperware in their dirty garages? There is a limit.
Posted on 6/3/23 at 9:06 pm to deaconjones35
quote:
We were paying closer to $25k all in during peak. It was insane.
Baw you got took and so did your customers
Posted on 6/3/23 at 9:10 pm to deaconjones35
As were we
Posted on 6/3/23 at 9:36 pm to rickgrimes
With things back to normal how can I blame the other political party for the high prices!??!!!?
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