Soaring bankruptcies, crashing volumes, and mass lay-offs in shipping and freight — one of the most reliable indicators of recession.
Prices across the eight major shipping routes have plunged by half this year, going from $3,000 per container to just $1,400. One analyst… pic.twitter.com/2J6wq4dTP2
— Peter St Onge, Ph.D. (@profstonge) November 12, 2023
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