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Daily Archives: May 22, 2021

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Supply Chain Congestion Update and June Forecast

NewsBy Jason TingMay 22, 2021Leave a comment

As predicted, the month of May was as awful for shippers and importers. Congestion at various ports continued and in fact spread to other ports. Carriers had numerous blank sailings. Ocean freight rates spiked to heretofore unseen levels. Massive amounts of freight continue to build up in Asia, waiting to ship without any vessels available…

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