. but because all over the ocean. there s no room. today open docs, idle crane speared what happened? falling demand and full where houses. piercing that a lot of customers in asia and north america have too much inventory and they re running down this inventory right now. because of that shipping rates from china to la fell from $20,000 a container to 1100. that ships come over to go where did it go. while long beach is down 38% from a year ago. one reset at ongoing labor dispute for dockworkers. the confidence of the shippe has been diminished because of the labor negotiations. but hasn t changed, consumer prices. one of the key ways to fight inflation is by lowering the cost of moving goods through th supply chain. is true there s less congestion and more truckers an trains, but rising wages and
tested as well we should remember at the end of the day the reason for the season about what christ did for us spirits but it has been quite weak and not just an historic week, curtis. one can only imagine what the week ahead will part ten, especially given what may happe on tuesday. curtis houck, thank you so much. have a great weekend. thanks, kevin. tonight we take a look back at 2022 crisis. and what has changed over the last 12 months to alleviate las year s major logjam spirits senior national correspondent reports tonight from saint pedr california. support deceptive. once a symbol of the supply chain crisis today, today the l long beach port is wide open. there s fewer ships coming i and fewer containers with them and it is diversified. a year ago more than a hundred ships weight of offshore