https://www.freightwaves.com/news/why-stratospheric-container-rates-could-rocket-even-higher
One of my friends works in shipping and just linked this article. According to her
"Expect to see prices on most things increase and see limited sales through the end of the year.
The article from below talks about how much ocean freight costs have shot up in the last year. It's becoming common for the price of certain routes to have increased 5x-8x rates from pre-covid. Companies aren't going to be able to sustain the losses long term and it'll eventually hit the consumer level through price increases."
"buy up local anything tbh. Someone I know is looking to buy a car but wants to wait for year end deals, but there's going to be no "year end deals" at the rate costs are going atm."