Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 11 months ago

Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis

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Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 11 months ago

5

With 158 vessels carrying $105 billion in ocean cargo avoiding the Red Sea amid Houthis' attacks, freight prices are soaring.

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Kbin_space_program@kbin.social
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11 months ago
Because it’s Loblaws claiming inflation while just raising the prices on everything for their own profit.

I shop at Costco and farmers markets and have seen a bit of inflation; its nothing like what the grocery stores have done to their prices.

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