Throughout the pandemic, businesses of all sizes have faced delays, product shortages and rising costs linked to disruptions in the global supply chain. Consumers have been confronted with an experience rare in modern times: no stock available, and no idea when it will come in.
Our correspondent, Peter Goodman, went to one of the largest ports in the United States to witness the crisis up close. In this episode, he explains why this economic havoc might not be temporary — and could require a substantial refashioning of the world’s shipping infrastructure.
Guest: Peter Goodman, a global economics correspondent for The New York Times.
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Background reading:An enduring traffic jam at the Port of Savannah reveals why the chaos in global shipping is likely to persist.This week, President Biden announced that major ports and companies, including Walmart, UPS and FedEx, would expand their working hours as his administration struggles to relieve growing backlogs in the global supply chains.
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