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Global cargo logjam deepens, delaying goods bound for retailers, automakers

A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening pandemic has upended normal trade flows

Topics
Global Trade | Cargo industry | retailers

Lisa Baertlein & Jonathan Saul | Reuters  |  Los Angeles/London 

Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe. A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows. That has stranded empty cargo containers in the wrong places, spawning bottlenecks that now stretch from factories to seaports. Container ship operators ferry the majority of consumer goods, and ...

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First Published: Wed, December 23 2020. 16:36 IST
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