A shipping expert believes that the supply chain crisis may last well into 2023 given how global trade has been reshuffled to meet surging American demand.
“We expect… strained supply chains to last until the early parts of 2023,” Peter Sand, chief shipping analyst at Copenhagen-based BIMCO, a shipping trade group, told Yahoo Finance Live (video above). “We are basically seeing a global all-but-breakdown of the supply chains from from end-to-end.”
In Sand’s view, the “spectacular recovery”…
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