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Daily Archives: March 11, 2019

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Unprecedented Shipping Congestion Continues to Plague the Global Supply Chain

Shipping 101, CustomsBy Jason TingMarch 11, 2019Leave a comment

As we mentioned last fall, global ocean freight shipping was on the verge of facing shipping Armageddon. There was a huge shortage of equipment (empty containers), vessel delays, and sharply increasing shipping cost. In the past six months, this crisis has indeed come to pass and has in fact worsened. Many importers were hoping that…

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