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Shipping Prices Will Double From Current Levels as Supply Chain Nightmare Begins

by Epic Economist
August 2, 2023

Have you noticed that delivery delays are becoming a lot more frequent recently? That’s because a new set of supply chain disruptions are impacting the shipping and trucking industry right now.

Both maritime and road transportation companies are facing labor and capacity issues, increased costs, and bankruptcies in recent months, and these problems are rapidly pushing freight and shipping rates to levels last seen in the 2021 crisis, when supply chain bottlenecks triggered a 500% spike in transportation costs, consequently making the price of the items we buy and consume shoot up at retail stores and supermarkets from all around the nation.

So far this year, three of the biggest trucking companies in the U.S. have collapsed, and the latest of such incidents is threatening to bring widespread empty shelves back to our local stores in the next few weeks. The 2023 supply chain nightmare has already begun, and today, we’re going to reveal what’s truly behind this crisis.

While major shipping companies continue to report better-than-expected financial results, freight rates are now averaging $3,998 per forty-foot equivalent unit, meaning that they’re 85% more expensive than before the outbreak hit the U.S., according to data provided by Hapag-Lloyd, the world’s fifth-largest shipping line.

These rates are expected to soar even more during the fall, the U.S. peak importing season. In the past two weeks alone, the average spot-market price to ship a 40-foot container from Asia to the US West Coast rose 34%, as reported by transport data firm Xeneta.

Conditions have changed drastically in recent months, as major shipping companies have gone under, erasing capacity and eliminating thousands of jobs from the system. In order words, the labor issues that caused U.S. ports to be clogged up just a couple of years ago, and wreak havoc on the trucking industry due to a shortage of drivers

Yellow was a 99-year-old firm, that became famous for its competitive prices, and its huge fleet of over 12,000 trucks that shipped freight across America for big brands such as Walmart and Home Depot. As it turns out, the firm’s bankruptcy will affect more than just the supply chain, but also American taxpayers because Yellow owed the federal government a huge amount of money. As of late March, the company had an outstanding debt of about $1.5 billion. Of that, $729.2 million was owed to the federal government.

The U.S. job market is going to suffer, too. Yellow’s closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to industry experts. Over 30,000 workers were left without jobs due to the firm’s bankruptcy. Even the cost of sending packages between states is going up this month.

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The US Postal Service increased the cost of Priority Mail by about 5.5%. Priority Mail Express became 6.6% more expensive, First Class Package Service prices were bumped up by 7.8% and Priority Mail commercial rates increased by about 3.6%. That’s why we should all start getting ready for chaos at supply chains once again.

The catalysts of this crisis may be different from last time, but they’re creating problems just as severe as those we have faced before. After supply chains have been broken, they were never the same, and every time a new bottleneck emerges, we are at risk of seing cascading failures on the system that can rapidly plunge our entire country into disarray.

Article and video cross-posted from Epic Economist.

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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures

The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?

That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.

From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.

The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.

This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.

For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.

Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.

As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.

If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.

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