to narrow in on Big Tech. With no large catalysts, the market can maintain this pattern for some time, data suggests. Yahoo Finance reporterThe Drewry World Container Index, which tracks the price of shipping containers, shows that the cost of a 40-foot shipping container is up more than 250% compared to a year ago. Since October, escalating violence in the Red Sea has kept rates elevated as ships favor longer, less risky routes.
That according to the report, Craig sending goods around the world by ship is at least five times as expensive as it was last year.Help us explain that Craig, what is driving that? Uh since COVID, they've gotten their act together and have been able to really uh uh have an enormous amount of pricing power over their customers.Are there certain companies or certain sectors Craig that are going to be more effective than others, you know, is it car makers or apparel makers, for example.So 75% of the imports that come in containers are actually consumer goods uh headed for retail.
So consumers will not see an enormous impact in terms of, of inflation on what they actually buy or erosion of their pricing power uh versus what you would see uh if this was raw material, input, input goods which tend to show up in all sorts of manufactured items.
These are companies that pay for shipping services have become very accustomed to these types of labor disruptions.So there is some good element of this is that this is the east coast and because it's the east coast and not the west coast is that most of the items we expect for retail tend to come through the west coast and less so on the east coast.Thank you for having me, us, stocks closed.
So I'm gonna, I'm gonna go down to a one year chart and specifically with candlesticks, you can kind of see what's happening here.What are you seeing?You can also take a look at XB. And if you're taking a look at the next potential spike, that's when we would expect the next downturn that would come at the end of July.I showed this chart uh last week and this is the 1st 10 in the last 10 days of every month.This is just on average.But if you're putting this all together the vic seasonality, plus this probably got some tail winds until at least the end of July.
Uh In general, it can generate very large fields of debris which all continue orbiting at the same speed.And Luke who's creating a lot of this space debris, I mean, is it the US China Russia who, who's responsible for a lot of this, a little, a little of everyone, right?Um Today, there's a lot of rocket bodies that are from Russia.They're typically cataloged.
If you think about it, the the road transportation, we are servicing and maintenance intervention integrated into it to the aviation industry or the shipping industry. What happens today is that launching states are liable for the objects in orbit as long as they remain there and will require probably as things move on more and more ex expand the requirements for satellite operators to make sure that they leave us a safe and sustainable environment behind them.The US FCC moved from 25 years authorized for satellites in orbit to five years of authorized time in orbit after the life of a satellite, operational life of the satellite.
Now, there's two problems happening is that in general satellite is a certain percentage of failure in orbit.
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