Trade Wars, Pandemic Shortages, Containers Overboard
While restaurant and travel industries were negatively impacted, businesses in the ecommerce or outdoor cooking categories saw significant sales increases.
- While restaurant and travel industries were negatively impacted, businesses in the ecommerce or outdoor cooking categories saw significant sales increases.
- Prior reports that containers that normally cost $5000 to ship and arrived in 4 weeks, now cost $14,000 and arrived in 3 months.\nContainers lost overboard from container ships.
- Bloomberg News reported that containers were being lost overboard at the highest rate in 7 years, with over 2000 containers lost at sea in 2020 alone.\nContinuing high "Trump Tariffs" from the trade war with China.
- "They have confirmed that ours was not lost overboard, but we still have no word on when or if we will ever receive it.