Maersk shipping says there's no telling when bottlenecks disrupting global trade will ease
"On the supply side, supplier delivery times remain lengthy, and it is still uncertain when capacity constraints including landside bottlenecks in trucking andThe Covid pandemic and the war in Ukraine, among other global events in recent years, have stretched supply chains, leading to shortages of some goods, log-jams at ports, andDemand for goods increased during the Covid-19 pandemic, at a time when ports and factories were shuttered or limited, left freight firms dealing with a backlog...
A shortage of truckers has made those goods harder to transfer. Log jams have been exacerbated by the fact that More recently the war in Ukraine and growing consumer concerns around inflation have both weakened demand for shipping containers, Maersk said. some analysts say there are signs supply chain pressures are easingMaersk said wait times for ships at ports had eased during the quarter, particularly those on the US West Coast.
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