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On this episode of What's Going on With Shipping, Sal Mercogliano - Associate Professor of History at Campbell University (www.campbell.edu), former merchant mariner, and adjunct professor of Maritime Industry Policy at US Merchant Marine Academy (www.usmma.edu) - discusses Rachel Premack's article, "Why the World Is In A Shipping Crisis," in Business Insider. The focus is on the escalating freight rates of containers, higher charter rates for ships, and the congestion in world ports with a focus on the West Coast. PREVIOUS EPISODES: Another Shipping Blockage - Why is My Cargo Stuck in Yantian? • Another Shipping Blockage - Why is My Carg... What's Going On With Shipping? THE CHRISTMAS IN MAY EDITION • What's Going On With Shipping? THE CHRIST... EPISODE SOURCE MATERIAL: Why the world is in a shipping crisis https://www.businessinsider.com/shipp... How bad are global shipping snafus? Home Depot contracted its own container ship as a safeguard https://www.cnbc.com/2021/06/13/home-... Container ship scores ‘off the charts,’ ‘fantasy’ charter rate: $135,000/day https://www.freightwaves.com/news/con... Container rates rocket even higher — and there’s no end in sight https://www.freightwaves.com/news/con... Why stratospheric container rates could rocket even higher https://www.freightwaves.com/news/why... Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys https://gcaptain.com/out-of-control-s... More than 300 liners waiting for berth space, container congestion mapped globally https://splash247.com/more-than-300-l... Asia-Europe Spot Rates Head for $20,000/FEU as New China COVID Crisis Bites https://theloadstar.com/asia-europe-s... Behind Your Long Wait for Packages: American ports aren’t productive enough to weather disruptions and increased demands. https://www.wsj.com/articles/behind-y... There Are Many Reasons for Delays at Ports: Solutions need to encompass the entire logistics network that stretches hundreds of miles from the waterfront. https://www.wsj.com/articles/there-ar... Pacific Maritime Association https://www.pmanet.org/who-we-are/#bo... Pacific Maritime Association: 2020 Annual Report http://pma.uberflip.com/i/1355890-pma... Borderlands: Mexico remains top US trade partner, Canada No. 2 https://www.freightwaves.com/news/bor...