The Phanincpandemic caused a supply-demand disruption that created shipping backlogs in ports across the United States. Now, prices for carriers are back to their 2019 levels so great news for consumers, right? Well, not so fast.

Today, we examine the current state of the global shipping industry and what it might mean for you.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.