China Lockdowns to Deal Another Supply-Chain Hit, U.S. Port Group's Chief Says

(Bloomberg) — The U.S. should brace for another surge in the supply-chain crisis as manufacturers in Asia reopen their factories from Covid-19 lockdowns, causing new delays at American ports, the chief representative for West Coast port operators said.
There’s been a lull in trade flows as China has used strict lockdowns in cities and major trade hubs, including Shanghai, to curb a new wave of coronavirus cases. Once factories resume output they’ll be scrambling to fill orders, which could bog down U.S. maritime hubs when they arrive, according to Pacific Maritime Association President James McKenna.
- PODCAST
- MOST POPULAR