Shipping Prices Will Go Through The Roof As Supply Chains Face Worst Threats Since 2020

Supply chain disruptions. Congested ports. Delivery delays. Soaring shipping prices. All of this seemed like a distant memory from the peak of the COVID-19 pandemic, but it's happening again, and conditions are far scarier this time around.
The head of ocean freight of the Americas at Rhenus Logistics, Stephanie Loomis, who spends her days negotiating with international carriers on behalf of clients moving products and parts around the globe, revealed during an interview with the outlet that she's seeing cargo prices skyrocket due to a series of disturbances at world's busiest shipping routes.
Since the end of 2023, Houthi rebels have been firing on ships entering the Red Sea and heading to the Suez Canal, an essential artery for vessels travelling between Asia, Europe, and the East Coast of the United States. The offensive has escalated in recent months, forcing shipping companies to rethink their routes. They are now opting to take the longer routes around Africa, but that means their journeys are being extended by up to two days.
Additionally, a severe drought in Central America is reducing water levels in the Panama Canal, prompting authorities to restrict the number of ships passing through this key channel for global trade.
On top of all that strain, U.S. dockworkers on the East and Gulf coasts are threatening to go on a strike, while longshore workers at German ports have stopped shifts to demand better pay. Meanwhile, rail workers in Canada are poised to walk off their jobs, jeopardizing cargo movement across North America and risking backups at major ports like Vancouver, British Columbia.
The increasing turmoil in shipping is causing carriers to sharply raise rates, and it is increasing the possibility of a waterborne gridlock, which could once again leave big retail chains facing widespread shortages during the peak of the shopping season. This disruption could also worsen inflation, a major economic concern influencing the US presidential election.

[@cosmiccometchichi]

You know you’ve got problems when watching videos like this helps with anxiety 😂💜🧘‍♀️

[@MarilynArchey-qw4vh]

This video needs to be sent to the News outlets so people would understand what is really going on. Prepare and Pray y'all. 🙏

[@rodneytaber9466]

News outlets are in on it

[@ginatrue5716]

The book of Revelations foretold of these problems and everything else to happen before the end times

[@arnold3785]

All those that wanted to prepare are already prepared. God be with all.

[@tylernelson3343]

The problem is that news outlets won’t broadcast this video because that would goes against what they are saying

[@laurahenry3562]

The news is censored,,they r run by satan and satan is causeing this ,,Jesus is king 🙏

[@lolzorz3]

Everything’s collapsing, BUT at least Biden didn’t poopy his pants yesterday (allegedly) 😊

[@knighttemplar5073]

Of course he did...he faced the Don!

[@JamesBrown-db9pk]

nope he shit on the dems good

[@sharont1]

@ @lolzorz3 If Smit was smelled , we wouldn't know which diaper was heavy !

[@sailfly2869]

I see you folks are just like the rest of the republicans that only know how to point fingers and complain, yes this is our do nothing congress. So folks you all need to learn to search and learn the truth and get real facts instead of just listening to all there propaganda BS.

[@AlanDampog]

yea too bad trump did tell one bit of truth in the debate... only biden knows how to not tell a lie...

[@27273100]

**AGAIN?!?!** I knew this was going to happen again. This will take social horror to a new level. It's time to prep on all sides, folks.

[@arnold3785]

Prepping time has come and gone already. Things are now 5 to 7 times more expensive than before. Most that could have prepared at that time were laughing and are now crying and unable to do so now and this is just the beginning of the global famine. I prayed this would not become the reality as we do not know how it will end and what will transpire in-between the start and the end except that there will be unbearable suffering for all of us prepared or not.

[@ashleybosvik3031]

Let's face it nothing's going to come down it's going to keep going up

[@entenmanny3061]

COVID 19 NEWS IS COMING BACK. JUST IN TIME FOR THE 2024 PRESIDENTIAL ELECTION. ITS COVID THAT HELPED WON BIDEN'S PRESIDENCY WIN FOUR YEARS AGO. AND GUESS WHAT IS COMING IN FOR THE RESCUE, COVID... COVID....AND MORE COVID. COVID WAVE IS ON THE RISE ACROSS THE USA. Newsweek/June 2024 COVID Deaths and emergency department visits have increased in the last week, as well as hospitalizations, which have risen 25% from May 26 to June 1, per the latest data available. One area that’s seeing a notable rise in infections is California, where COVID has gotten more prevalent since May,

[@SubvertTheState]

They will never "let" prices come down. That's a failure of the tiny hats to pay themselves if that happens.

[@Rattlerbacker56]

Ever heard of the Great Depression? Just because everything didn’t completely end.. it was 12 years of hardship followed by WW2..

[@kellychuang8373]

These days you can really expect more of that.

[@tammyturowski6703]

The value of usd will go down lol

[@samaniewelbeck938]

Imagine the narrator saying, "I'm afraid that the Death Star will be quite operational when your friends arrive." He has that same kind of voice 😆

[@bencrank34]

I don't see how this guys videos don't have millions of views. I guess justin timberlakes dui is more important. And that's what's wrong with this country, people are stupid.

[@shelleyg218]

A 4 litre tin of olive oil here in Melbourne was around $32 just a year or two ago, now it’s around $64. A one litre bottle (the one I always purchased) was regularly on sale for $9.00 (normally $18.00 but would stock up when it was $9.00) now the same bottle is $25.

[@mohammedjeffali1076]

You don't want to know what it cost us to get 2/ 10 gallons olive oil from Greece, then fron new Jersey on a plane to Houston.

[@mohammedjeffali1076]

64$ and it's not great olive oil. Maybe not even pure.

[@shelleyg218]

@@mohammedjeffali1076 how much?

[@Navajosun]

Was it Extra Virgin?

[@shelleyg218]

@@Navajosun yes, extra virgin and cold pressed. Australia has some good olive oil producers.

[@JenniferA886]

Who else listens on X 2 speed 👍👍👍

[@45035]

I tried it. That shit is so funny.

[@valerieleonard572]

Thanks! I always forget I can do that

[@theemeraldfox7779]

😂😂😂😂😂

[@SamsungGalaxy-nm5qt]

I actually like his voice at Normal speed. I listen to almost everyone else at 1.5x

[@erickwidman3735]

😂

[@dissy5563]

Don't mind me folks, I'm just here for my daily dose of DOOOOOM!!!

[@SamsungGalaxy-nm5qt]

#MeToo! 😂

[@terryl858]

Best doom voice ever

[@artawhirler]

Doctor Doom! He's our man! If he can't scare us, no one can!! 😅

[@bestlyfe4u]

😂😂😂😂

[@hellogoodbye6201]

U never fail

[@rodsofgod6863]

"Competitive"?? We have all the eggs in China!! Aint that smart!

[@howiescott5865]

that's all changing now.

[@random2829]

Interesting times.

[@FXPips11]

Figured to save some money shopping at Sav a lot, yeahhhhh, nope. Price no different then dollar general and family dollar, walmart. Horrible

[@mohammedjeffali1076]

Unless you drive around and pick up loss leaders and sales only, grocery prices average out to be very close to the same cost everywhere, except the pricey stores like whole foods ofcorse. The issue becomes, do you event want the items on sale or the loss leaders?

[@ThierryHorel]

And inflation will booming.

[@nightowl6811]

Where are all the people that laughed about doom and gloom 😂! It's finally happening you losers! That didn't believe it 😂😂😂

[@michaelrhodes6461]

The same people waiting for Trump to save their broke asses

[@EvySurvived]

My entire family

[@mohammedjeffali1076]

Even the comments here have really changed from what they were 5 years ago

[@eurekaelephant2714]

Thanku. As i wanted an online business, this info helps me make good decisions. Thanks.

[@sportsfisher9677]

Yeah containers have doibled again.

[@sailfly2869]

And guess who they plan on complaining about that has no control over this economy or international shipping, better call low life trumper he’s your savior not mind.

[@islandcoconuts3416]

Thank you for making this video I ask you to make few weeks back love from the Caribbean

[@blaydCA]

Toilet Paper ✓ Food ✓ I'm good to go!

[@orangecat5036]

I can't remember the last time I seen a sale on anything. 🥴

[@tnguy9696]

the panama canal has to have fresh water to move the ships through the locks of the canal . panama is getting less and less rain every year . i lived there for 3 years

[@SmokyPemberton-te5oq]

I can't remember the name of Jim Rickards last book but he predicted the supply chains wouldn't get back to normal until 2027 to 2030 from the virus disruption.

[@danielsummers1417]

There won't be any more products left to ship

[@elenataylor4611]

All of it would not be a problem if our crooked leaders would not take manufacturing out of the country.

[@chizorama]

3 shipping cartels run 95% of the cargo, ee where this is going...

[@cheds1]

You’ve just made my day🤣

[@k9profi429]

I don't have the impression. I ordered several things on Aliexpress this month and the delivery times have become much shorter. On average, delivery from China to Germany takes 10 days. A year ago, that was six weeks.

[@sir1junior]

Here in Charleston we have a back log of ships since the bridge collapsed in Boston.

[@alanmerrill140]

you mean Baltimore

[@JLK1978]

Yet there is no freight because docks are not open.

[@aicofrena505]

It's not about the ports being congested there's hardly any work down at these dogs lately larger ports are struggling the smaller ports are actually booming but the problem is is that we are just being ran over as American society these people know that there's the supply and dementia and they are shortening us on purpose there's plenty of ships out there but they won't come into the big ports and when they do they come one by one now instead of all at once making everything so much more difficult because the cargo is slowly being distributed instead of how it should be distributed it's a nightmare and the smaller ports are going to end up stopping work soon too and then it's just going to get worse from there so it's not looking good and the American people are not smart enough to vote the way they should and that is to educate your own self and go with the best decision that you read about and understand there's more candidates than just Trump and Biden by the way I myself voting for a doctor Cornell West

[@marcelandrey9579]

Well its just have different route.. The one who will pay higher price are the one who sanction another..

[@noahhamilton1026]

I better hop on Temu and load up 😂😂😂

[@srper2]

...Epic Pessimistic predictions....

[@johnnyirish7940]

Ww3. And they say that weather warfare is a war crime. Too bad they'll never be able to prove who.

[@jaynorthrup3050]

Not a globe bro

[@bryanhill3041]

Stop saying stupid stuff!!! If the earth was flat everyone would be able to see the sun at the same time !

[@kellychuang8373]

A bad day going to extreme disaster here.

[@theresistance1111]

Well epic voice we're screwed

[@joesnake2882]

THE COOTIES ARE DANGEROUS MAN

[@ClockFixer]

Annnnnnnnnnnnnnnnnd F J B !!!!!!!!!!!!!!!!!!!!!!

[@dannyboy8850]

It seems there are many reasons to put the blames on China again. 😆😆😆

[@user-ev9to4xx2o]

Container.shipping.to.the.u s.a.is.a.security.risk.no.food.entering.😢😢

[@kevinmarble5260]

These aren't the droids you're looking for. Looks like the horn of Africa has its own drawback.

[@JS-jh4cy]

Iran sending money 💰 🤑 💸 and supplies and support to houtis

[@JS-jh4cy]

Oil 🛢 money

[@garlicandchilipreppers8533]

US sending arms and money to Ukraine, wait untill Russia starts sending anti ship missiles to Yemen.

[@richardscathouse]

Good for them

[@JamesBrown-db9pk]

thats y u mandate co make the stuff in us will pay more but no ship cost who cares

[@sailfly2869]

It probably works out to be the same price, but the problem here is the younger generation doesn’t have time or doesn’t want to work and even worse they aren’t reliable and want to make as much as skilled trade workers.

[@davidlemay4761]

Go ahead and strike the last time I checked you got evicted for not paying the rent.

[@user-eh3zv1ex5o]

Starvation, Societal freefall, War.....Cull of the Herd dynamics. 8Bn people in 2024. Between 5-6Bn by 2030. 3Bn by 2036. The next 12 years......DARKNESS.

[@Drive4YourLifeAZ]

All these "Armchair doomsday Economist" say this stuff for over 30 years now.😮

[@SamsungGalaxy-nm5qt]

Right, but THIS time, it's going to happen! 😅

[@danielsummers1417]

It is all here now so we had 30 years to prep

[@Drive4YourLifeAZ]

@@danielsummers1417 Yup!

[@Godaboveall24_7]

And tomorrow you sir will say the same thing, AGAIN.

[@SamsungGalaxy-nm5qt]

Tomorrow, I'm pretty sure he'll say something different.

[@themaelstrom5256]

Damn, how many times do you watch the same video.

[@terryl858]

You r a million air

[@iarafrejure6126]

First??

[@MA-is5hh]

The voice is very weird. I don't know if this person or AI is trying to be dramatic or has some sort of asthma??

[@preciousisrael7]

It’s the perfect voice of doom and gloom.

[@SamsungGalaxy-nm5qt]

Maybe it's a tumor?

[@vanevans645]

It's real. He's been doing this for years. Long before AI started it.

[@ReginaSamuel-nq8wj]

*Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.I Appreciate Laura Ferguson!! imagine l invested $1,500 and received $5,000 in 4days.*

[@SmithNorman]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@jordankerrington]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I've been sticking to investing via an analyst

[@Wendy10926]

Wow, it is truly inspiring to hear how Ms.Laura Ferguson s mentorship and dedication led to such remarkable financial success.

[@RechardAnord]

That woman totally changed my life for good. I have come across individuals but non is as honest as she is. So surprise you know her too.

[@MelissaBulawin]

Let's face it... Buying more stocks & index funds during stock markets are scary Which makes it really hard to do for mostly people like me. I have 260k want to transfer into an s&s isa but it's hard to bite the bullet and do it.

[@ginatrue5716]

We are living in the tribulation *Read the book of revelations in the bible.

[@realtruther2631]

it HAS ABSOLUTELY NOTHINGVTO DO WITH THAT!! DUHH!! !!!!!!!!!...ITS ABOUT THE " RUCH ..CONTROLLING US...BTW!!...U WILL HAVE NO RELIGION IN THE FUTURE!!..ITS UNDER AN " AGENDA..AS WELL!!!!!!".. ITS UMM CALLED " SECULAR HUMANUSM!! ..DUHH!!😂😂😂

[@ginatrue5716]

​@@realtruther2631Do you believe in God? than you must believe the Bible.

[@AlanDampog]

why the bible was written by men.

[@ginatrue5716]

Written by prophets and God's words

[@irvingcm58]

Geeee, Do ya reckon the sun's gonna come up tomorrow???! Sounds to me like "entitlement minded humanity" is gonna have to make do with less! HA! CAN YA DIG IT?!