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BIDEN ECONOMY: Transpacific Shipping Drops 75% During Peak Season Due to Lack of US Demand

by The Gateway Pundit
October 8, 2022
in Business
BIDEN ECONOMY: Transpacific Shipping Drops 75% During Peak Season Due to Lack of US Demand

Transpacific shipping is way down thanks to the Biden economy. This is a symptom of the policies that Biden put in place to destroy the US economy.

The Biden economy is imploding. Now, only months before the holidays, transpacific shipping is down roughly 75% from 2021.

The Wall Street Journal reports: Trans-Pacific shipping rates have plummeted roughly 75% from year-ago levels. The transportation industry is grappling with weaker demand as big retailers cancel orders with vendors and step up efforts to cut inventories. FedEx Corp. recently said it would cancel flights and park cargo planes because of a sharp drop […]

Read the rest of this story here: www.thegatewaypundit.com

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