Shipping options dried up as businesses try to rebuild from pandemic

Shipping options dried up as businesses try to rebuild from pandemic

The wave of shipping consolidation over the past five years is adding to the supply-chain woes caused by the outbreak of COVID-19, further delaying the movement of cargo across the oceans.

According to cargo owners and freight forwarders, a handful of large shipping players control most containers via giant ships, leaving the world with fewer routes, fewer smaller ships, and fewer ports that can move freight forward. . Those that secure the ship’s space for moving cargo.

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