lifesavacation
DIS Veteran
- Joined
- Jan 24, 2016
Saw this in the WSJ this morning and will post link below for anyone who can read it, but the gist is that the cost to ship a container across the pacific dropped by 26% last week....due to demand easing. So, that's at least a blip of light at the end of the tunnel. Ports are still jammed and we have a serious shortage of workers to move things around this country, but demand easing at the international level is a start.
https://www.wsj.com/articles/ocean-shipping-rates-fall-but-ports-are-still-jammed-11636972201
I’m in manufacturing and do a lot of freight shipments. Shipping has been crazy expensive. Last week, prices dropped so we were able to ship a container. We’ve been holding off so it was a huge relief to see it open up.
As for our household, my husband can’t source the oil he needs for his diesel truck. That’s our big supply chain issue this week.