"Traders moving goods from East Asia to Europe are paying more than six times what they did last April. Rates between the two regions shot up to $8,455 per 40-foot container on Wednesday, according to an index compiled by Baltic Exchange and Freightos, an online freight marketplace. That is the highest level recorded since the index was launched in 2016.
At $4,709 per container, rates from Asia to the U.S. West Coast are almost four times higher than they were in March 2020." [1]
Look, Juozai, that transportation by containers has become more expensive as a result.
Our boredom changes world trade. We have the power ... When it will be allowed to get the pleasures and services in public places again, this wave will end.
1. Container Shortage Lifts Commodities
Wallace, Joe. Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]19 Feb 2021: B.2.
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