Supply chain challenges continue to worsen, exacerbated by higher levels of port congestion and shipping delays at ports in Shanghai and elsewhere in China due to Covid-19 lockdowns. Coupled with ongoing congestion at ports elsewhere in the world and low backhaul rates to Asia, container demand is far exceeding capacity. Congestion at Chinese ports increased …
The post Container shipping situation worsens due to congestion, delays, and empty containers first appeared on Hellenic Shipping News Worldwide.