• Mounting congestion at the world's largest port in China may cause a massive blow to already weakened global supply chain

    8 days ago - By Business Insider

    Finn / Costfoto/Barcroft Media via Getty Images
    The spread of the Omicron variant of the coronavirus is interfering with operations at the world's largest port in Shanghai.
    The increase of outbreaks, paired with strict testing protocols, is leaving ports understaffed.
    Experts say backlogs in China will have a significant impact on the global supply chain.
    The rapid spread of the Omicron variant of the coronavirus is leading to yet another wave of global supply chain backlogs that experts warn could be even worse than in previous months. Congestion is mounting at the world's largest port in...
    Read more ...