Clogged Ports Put Fall, Holiday Shipments in Doubt (wsj.com)

Port congestion continues to haunt global trade, spreading fresh fears among exporters andimporters over whether massive amounts of cargo will be delivered on time for the busy, year-end shopping season.

Supply chains never fully recovered from the pandemic shock when goods transported by seawere delayed and shipping prices soared. Now freight rates are falling, but cargo is still delayed at choked European and American ports.

“Ships are still a gamble not worth taking,” said Abbie Durkin, the owner of Palmer & Purchase, awomen’s clothing and accessories boutique with stores in New York. “We are fl ying in our entirewinter collection to make sure it arrives before Christmas.”
more at: https://www.wsj.com/articles/clogged-ports-put-fall-holiday-shipments-in-doubt-11660737601?mod=pls_whats_news_us_business (subscription required)

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