Reprinted from the October 2022 Newsletter

66%

lower than the September 2021 peak, is what Drewry Supply Chain Advisors reports is their key benchmark container price for shipping a 40-foot container. Drewry’s latest World Container Index is at $3,483 per 40-foot container, down from the $10,377 peak but higher than the pre-pandemic rate (2019 average) of $1,420.

A drop in consumer demand for consumer goods, largely due to inflation and retailers’ high levels of inventory, is translating into lower demand for container shipping.

8.1 Million

cases of fireworks have been tested by Bureau Veritas and AFSL from January through September 2022. This volume is just about the same as we experienced last year when we reported testing 8.2 million cases in the first nine months of the year. However, we are expecting to finish the year significantly lower than we did last year.

274

more Americans sought emergency department treatment for fireworks-related injuries each year, from 2006 through 2021, according to CPSC’s
latest fireworks report. This upward trend was highlighted in CPSC’s 2021 Fireworks
Annual Report issued June 2022. CPSC estimated between 8,300 and 14,700
fireworks-related injuries were treated in U.S. hospital emergency departments in
2021. However, when considering changes in the number of fireworks being sold in the U.S., the CPSC estimated rate of emergency department-treated injuries fell from 4.7 per 100,000 people in 2020 to 3.5 per 100,00 people in 2021.

94.4%

of the cases tested from January through September 2022 have been determined to be compliant to AFSL standards. This is down from the September 2021 YTD compliance rate of 95.3%.