On: Container shipping has cratered, as ship owners try to avoid unprofitable trips

[eru]

Do you know how that index works? Is it inflation adjusted? (Does it even include price components that would need to be inflation adjusted?)

https://www.balticexchange.com/en/data-services/market-infor... ostensibly has some information on the index, but it's hard to tell.

If it's not inflation adjusted, then being on the 30 year nominal average is actually a substantial decline in real costs over time.

[dandellion → eru]

If the chart is not inflation adjusted it means it had been declining in real costs for the 27 previous years, so why is it only a problem now?

[eru → dandellion]

Oh, shippers complain from time to time about cost pressures. It's not a problem only now as far as I can tell.