[kabar]

The benchmark cost of shipping a container from Shanghai to Los Angeles has tripled over the past year. The Baltic Dry Index of bulk shipping prices has risen more than 10% since mid July.

[Tilted Irish Kilt]

Prepper Ping - Supply Chain slowing/breaking in China due to covid re-infections
The U.S. dependency on foreign production, manufacturing, and shipping rears it's ugly and expensive head again.
BOHICA !
And you thought that our major worry was inflation ? .. See stagflation

kabar :" The benchmark cost of shipping a container from Shanghai to Los Angeles has tripled over the past year.
The Baltic Dry Index of bulk shipping prices has risen more than 10% since mid July."

“A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant
will lead to a repeat of last year’s shipping nightmares. “

It seemed as if things were just starting to calm down, “and we’re now into delta delays,”
Now, “You’re going to have a secondary hit.”

“ The shutdown at (port) Ningbo-Zhoushan is raising fears that ports around the world will soon face the same kind of outbreaks and Covid restrictions
that slowed the flows of everything from perishable food to electronics last year as the pandemic took hold.
Infections are threatening to spread at docks just as the world’s shipping system is already struggling
to handle unprecedented demand with economies reopening and manufacturing picking up."