International data show that the Chinese government’s ongoing lockdown of Shanghai is precipitously driving up shipping delays around the world, risking further supply chain disruptions at a time when global commerce networks are already fragile.
Data from Project 44 , a “supply chain visibility platform,” shows that “shipment delays between China and major US and European ports have quadrupled since late March, when China shut down the city of Shanghai, which has the world’s busiest container port,” according to CNN.
By the end of last month ships from China to Seattle were taking on average four days longer to […]
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