China to U.S. shipping rates fall
June 22, 2022
Rates last week for moving freight from China to ports on the West Coast of the U.S. were down 34 percent from the start of the year and 50 percent year-over-year. Rates still remain more than four times higher than they were in June 2020.
Recent News
Foot Locker Unveils ‘Store of the Future’ Concept
The company plans to elevate the sneaker shopping experience.
New Oreo Sour Patch Kids Cookies Unveiled
Oreo is back with another unique twist on its classic cookie. This time, the brand has teamed up with Sour Patch Kids to create a limited-edition flavor that’s sure to grab attention.
Biden’s New Airline Rules Focus on Transparency
The Biden administration has introduced new rules affecting commercial airlines in the U.S., targeting transparency around extra fees and ensuring automatic cash refunds in specific situations. These changes are part of Biden’s broader efforts to protect consumers from corporate fees.
Oracle Moves Headquarters to Nashville to Focus on Healthcare
Oracle has decided to relocate its world headquarters to Nashville, Tennessee. The primary motivation behind this move is to position the company closer to one of the major healthcare centers in the United States.