China Ocean Freight Index Collapses to Record Low
![China Ocean Freight Index Collapses to Record Low China Ocean Freight Index Collapses to Record Low](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/d01453360de4ce9ac257f26c3ed936e1-515x214.png?itok=Xh4p4DLz)
Wolf Richter wolfstreet.com
The amount it costs to ship containers from China to ports around the world, a function of the quantity of goods to be shipped and the supply of vessels to ship them, just dropped to a new historic low.