One Ship in Panama Canal Paid $2.4 Million to Skip the Line
Shippers are paying up to $2.4 million per vessel if they want to beat a logjam of carriers waiting to sail through the drought-affected Panama Canal, according to one company active in the market.
We can add cork stoppers and bottle screw tops to the world’s changes in supply.As a result, we might be opening our wine bottles differently.Today's econlife blog: https://t.co/CkbihSNYcH#econlife #corks #supplychain pic.twitter.com/J6wEHoo0sb— econlife.com (@Econlife) August 28, 2023
Diapers, food, rent — around the world, prices are rising. So what can we do about it?Subscribe and turn on notifications 🔔 so you don't miss any videos: ht...
A year out from peak inflation, travel and leisure (mostly) cost less
Consumers have largely had their fill of “revenge spending” on big vacations and dining out, although wealthy travelers are still splurging on pricey trips abroad.
Pfizer Warns of Medicine Supply Disruptions from Tornado Damage
Dozens of drugs made by Pfizer Inc. may be more difficult for hospitals to purchase because they were manufactured at the company’s North Carolina plant that was damaged by a tornado last week.
“A Pennsylvania-based gas chain dropped its prices to $1.776 for the 4th of July, and economics educators now have a great clip for how price changes impact the quantity demanded #TeachEcon
https://t.co/r5zhgbQmCS”