The Perfect Storm Making Everything You Need More Expensive
A giant ship wedged across the Suez canal, record-breaking shipping rates, armadas of vessels waiting outside ports, covid-induced shutdowns: container shipping has rarely been as dramatic as it has in 2021.
The average cost of shipping a standard large container (a 40-foot-equivalent unit, or feu) has surpassed $10,000, some four times higher than a year ago (see chart).
The spot price for sending such a box from Shanghai to New York, which in 2019 would have been around $2,500, is now nearer $15,000.
Securing a late booking on the busiest route, from China to the west coast of America, could cost $20,000.
Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.
https://www.economist.com/finance-and-economics/a-perfect-storm-for-container-shipping/21804500
🔔Join this channel to get access to perks 👇
https://www.youtube.com/channel/UCHm8vWol8eNjTJZSjq2jaLQ/join
-------------------------------------------------------------------------------------------------------
🔥🔥 𝑺𝒆𝒂𝒕𝒕𝒍𝒆 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑷𝒐𝒅𝒄𝒂𝒔𝒕 🔥🔥
►💎iTUNES
https://apple.co/2MkFziJ
►💎SPOTIFY
https://spoti.fi/2Dh8EoL
►🏡JOIN SUMMIT PROPERTIES NW
Website: https://summitpropertiesnw.com/career/
High 80/20 Split, Zero Fees, and a Low $10,000 Cap!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
✔ SUBSCRIBE 📣HIT BELL! ✔LIKE ✔COMMENT
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
★ REACH OUT TO ME ★
►✅Follow Us - Facebook: https://facebook.com/summitpropertiesnw/
►✅Follow Us - Instagram: https://instagram.com/summitpropertiesnw/
►✅Email Me - sean@seattlerealestatepodcast.com
#SeattleRealEstate #HousingMarket #Podcast
-
18:04
News For Reasonable People
2 days agoHarley-Davidson gets Bud Lighte'd, forced to drop DEI and LGBTQ+ Sponsorships
3083 -
46:51
Kimberly Guilfoyle
7 hours agoHarris-Walz: The Campaign About Nothing, Interviews with Stephanie Hamill & Larry Elder | Ep. 153
45.6K33 -
LIVE
The StoneZONE with Roger Stone
2 hours agoRFK Halts Kamala's Astroturf Surge – RFK Field Director Jeff Hutt Enters The StoneZONE w Roger Stone
197 watching -
LIVE
TENET Media
1 hour agoWhat's Next For RFK Jr.? | Benny Johnson
165 watching -
LIVE
Patriots With Grit
1 hour agoAmeric's Volatility: Bloodshed Coming! | J.J. Carrell
291 watching -
LIVE
2 MIKES LIVE
2 hours ago2 MIKES LIVE #108 DEEP DIVE MONDAY!
374 watching -
Sarah Westall
2 hours agoTerrorist Watch Lists, How Everyone is being Targeted w/ Richard Lighthouse
4.96K2 -
LIVE
The Big Mig™
3 hours agoBiden Vacations While World Is At War
2,656 watching -
1:14:25
Redacted News
5 hours agoU.S. Election Emergency! Can America have a FREE and FAIR Election? | Redacted w Clayton Morris
98.7K175 -
44:26
Candace Owens
4 hours agoEMERGENCY! France Arrests Telegram Founder, Pavel Durov. | Candace Ep 52
48.9K83