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Are There Alternatives to Ocean Freight?
Container prices are still aboutseve times higher than they were before the pandemic, you know, even many months after the initial climb we saw last year. It's also true that we're seeing continued strain on global supply chains from the war in ukraine,. Also from the zero code policy in china, which is leading to some congestion in chinese ports. I don't think there are real alternatives to ocean freight, certainly in the short run. But given the decentralized nature of global trade networks and how production is spread over many countries, i think technology being what it is to day, we're kind of stuck with sending things by ship across the ocean.