Global Container Shipping Costs About to Start to Come Down?

 On YouTube the channel "What is Going on With Shipping?" has reported that finally the queues of ships off the Wets coats of America and especially the port of Longbeach have finally started to reduce.

It's hopefully an indication that finally the post-pandemic pressures are about to ease. 

The demand for goods into the US from the Far East meant that Longbeach was one of the primary ports for receipt of goods because it was closest to China. Heading to Longbeach reduced the steaming times and allowed ships to turn round and head back quickly, even if they did have to queue up to get into the port.

Now according to the channel, container ships are spread more evenly across the US, including the East Coast, which is a indicator that the urgency isn't there any more: ships are now transiting to the nearest port to the recipient, rather than making a desperate dash to the nearest US port in dashing back to China.

They are also seeing a corresponding reduction in shipping rates now, as the pressure is easing. 

Hopefully those costs will start to eventually ease in Europe and go some way towards reducing inflation. Those cheap Chinese goods that became a bit more expensive should start to reduce in cost again. 

Also there should now be more capacity for bulk shipments to get into ports rather than the more lucrative containers. 

It's hopefully an indication that the inflationary cost of the pandemic is over.