Weekly Update: Week 41: Oct 11th-15th

Are World Container Prices Finally Leveling Out?

 

 

 

 

News to Know

 

What’s it like working the LA dock during a historic backlog? An insider’s view.

 

President Biden addressing those bottlenecks at ports. Biden to meet with ports, labor on supply chain bottlenecks.

 

Wineries across Italy face significant price movements for wood, metal, paper and glass. Combined with a 9% lower harvest, many expect a jump in prices for wine. Prosecco prices may rise as Italy hit by commodity price increases.

 

Cell phones are less of a problem than believed, and dancing makes drivers safer. A Driver Distraction Study’s Surprising Results.