When I began this newsletter, it was March of 2020. I was updating 18 U.S. companies on factory openings after the initial COVID lockdown. Before I knew it, it turned into hundreds then went viral. I am not a writer. But I do know container shipping and have spent decades working in and out of China for various companies including Shipping Lines and NVOCCs. My point is, now it seems, everyone has a newsletter. But unfortunately, not everyone has the background to analyze the current situation as it pertains to our inbound container supply chain. In the same article, I found one person announcing a crash in rates while their colleague announced a surge in rates. Yeeow, hard to follow? It is no wonder everyone is confused and looking for answers. The good news? Things are not as bad as people would have you believe.
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