September 09, 2022
Cost of Shipping Down
Vaurghese Jacobs
Recently, the Baltic Dry Index, which measures shipping costs around the world, reached its lowest level since June 2020.
It is hard to know why the shipping costs are down. Possibly, businesses have reduced inventories because interest rates are affecting them. It can be that as a result of COVID, China's shipping to other countries has decreased.
What do you think?
Posted by: Timothy Birdnow at
10:35 AM
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