Unless you’re involved with international commerce in some way, you might not have heard that the cost of shipping goods out of China is absolutely soaring right now, says an article published in Bloomberg.
What Happened?Six months ago, the Shanghai Containerized Freight Index of spot shipping rates was at 1,022. As of Friday, it was close to 3,000. On the latest episode of the “Odd Lots” podcast, we spoke with economist and historian Marc Levinson, the author of “The Box,” a book on the...