Chaos at Ports

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At ports around the world, big delays are causing supply chain disruptions.

  • Hundreds of container ships around the world — carrying consumer goods from fruits to computers — are stuck outside of ports waiting to unload their goods.
  • Ships outside the major port city of Rotterdam in the Netherlands, for instance, have at times waited nearly a week. Outside of Los Angeles, they’ve at times waited nearly two weeks.
  • The are various reasons for the delays — a lack of truckers to take away unloaded goods, pandemic-related disruptions, very high demand for goods.
  • The supply chain disruptions mean it's getting harder and harder to buy certain items, from a new pair of Nikes to a new car or dishwasher. That, in turn, drives up prices.
  • In an environment in which inflation — the overall price of goods and services — is already rising, the phenomenon is having a very real effect on your pocketbook.
Financial Times
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4 articles on this topic

Business Insider

Moody's warns of 'dark clouds ahead' for the global supply chain as 77% of the world's largest ports face backlogs

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Toy shops warn of Christmas shortages amid port delays

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