Global Supply Chain Update – October 12, 2022

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Container rates pushed lower with the composite rate blowing past $4,000 to $3,689 as of October 6. 

Truckstop.com has not updated their indices since the prior week. That said, trucking rates have continued to slide but rising fuel costs and the threat of a rail strike could pose a threat.  

Demand, likewise, has slid back toward normal levels. 

Our aggregate of most-watched metrics fell to .21 standard deviations above average in September.

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