Surprise! The Global Supply Chain Crisis Shows Signs Of Easing.

The supply chain crisis that has plagued the global economy in 2021 has recently shown some signs of easing. on Nov. 22, global freight prices have fallen over the past two weeks, port congestion has eased slightly, and many factories in Southeast Asia have resumed operations as the outbreak eases.

Lowering Freight Rates Relieves Global Supply Chain Crisis?

Global maritime shipping prices, while still more than six times what they were before the outbreak, have fallen from their peak in … Read the rest