Logo 16 Aug 2021

If nautical nonsense be something you wish…

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Container shipping prices from China to the US set a record last week:

China-US shipping prices peaked above $20,000 per TEU for the first time.

Some context: For the not-so-nautical, TEUs are "twenty-foot equivalent units" – a measure of cargo capacity.
Just how bad is it? Back in summer 2020, th...