Relaxing Lockdowns in Shanghai Doesn’t Mean End to Shipping Snarls

(Bloomberg) — China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply-chain congestion, according to a major shipping company.

Shortages of rail, port and trucking workers in China and the US need to get resolved quicker than is currently happening as they are delaying ships at the world’s major ports, said Jeremy Nixon, chief executive officer of Ocean Network Express Pte.