TOKYO/NEW YORK -- Shipping container traffic that had been severely congested during the pandemic is clearing and shipping prices are falling by a record margin in a sign that snags that had bedeviled global supply chains are finally easing.
Supply Chain
Global supply chains poised for relief as ship congestion eases
Vessels waiting to load off U.S. West Coast drop to less than 10th of peak
Shipping containers are unloaded from a ship at the Port of Los Angeles-Port of Long Beach complex. © Reuters
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