Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail goods and pandemic-related lockdowns, the latest shipping data shows.
Delays at U.S. major ports have been particularly severe, but knock-on effects have also been felt around the world.Register now for FREE unlimited access to Reuters.comThe journey time from China's northern Dalian port to the major European port of Antwerp rose to 88 days in January from 68 days in December because of a combination of congestion and waiting time. This compared with 65 days in January 2021, analysis from logistics platform project44 showed.
A survey conducted in January by technology company Container xChange, which canvassed 500 freight industry respondents, found 66% of those polled expected Chinese New Year factory closures to further disrupt container shipping supply chains. He said new vessel build capacity would not come to the market until 2024, meaning there was "no quick fix".
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