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submitted 9 months ago* (last edited 9 months ago) by GaveUp@hexbear.net to c/news@hexbear.net
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[-] happybadger@hexbear.net 60 points 9 months ago

Thus far we’ve not seen any impact on air freight prices as it’s the post holiday low season without all the e-commerce demand that drove the high air prices in Q4. A 747 cargo plane can only carry around 7 ocean containers worth of cargo though compared to 10,000+ for the mega container ships, so it won’t take a lot of companies deciding to shift cargo from ocean to air for the air cargo market to become capacity constrained.

What a wild difference between the cargo capacity of the two.

[-] Sphere@hexbear.net 55 points 9 months ago

Yeah and the broader point is an important one; it won't be too long before the impacts of this shift are very obvious in the marketplace. The US is under enormous pressure to get things back to normal, but the guy in charge is more pro-:isntrael: than Reagan, so I don't see any way that can happen.

[-] zifnab25@hexbear.net 44 points 9 months ago

At some point, shipping magnets all along the Mediterranean are going to start pissing themselves in frustration.

Also, can't help but see the BRI guys feeling a little extra smug about their plane for overland transport through the Middle East.

There's a reason why Reagan wasn't willing to tolerate Israeli bullshit, and it wasn't because of his deep love and respect for the Lebanese people.

[-] Fontasia@feddit.nl 5 points 9 months ago

Props to him for being so on brand, if a war isn't going to profitable, it's not worth having the war.

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this post was submitted on 06 Jan 2024
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