4/30/2023 0 Comments Disruptor a mess o trouble![]() ![]() But that doesn’t reflect how the year unfolded - with a plunge of more than 12 percent in April and May, followed by an equally dramatic reversal. Viewed broadly, the volume of global trade dipped by only 1 percent in 2020 compared with the previous year. “All of the stuff that’s been growing has been basically pandemic induced,” said Alan Murphy, the research group’s founder. Disinfectants increased by more than 6,800 percent. Shipments of stoves, ranges and cooking equipment nearly doubled in that span. They outfitted their homes for remote work and distance learning.Įxercise equipment shipped by container from Asia to North America more than doubled between September and November, compared with the same period a year earlier, according to analysis by Sea-Intelligence, a Copenhagen-based research company. Deprived of vacations and restaurant meals, they bought video game consoles and pastry mixers. Pressure built as Americans refashioned their spending. Higher costs for transporting American grain and soybeans across the Pacific threaten to increase food prices in Asia.Įmpty containers are piled up at ports in Australia and New Zealand containers are scarce at India’s port of Kolkata, forcing makers of electronics parts to truck their wares more than 1,000 miles west to the port of Mumbai, where the supply is better. The ships, the trucks, the warehouses.”Įconomies around the globe are absorbing the ripple effects of the disruption on the seas. “All the links in the supply chain are stretched. Moller-Maersk, the world’s largest shipping company. “I’ve never seen anything like this,” said Lars Mikael Jensen, head of Global Ocean Network at A.P. Every container that cannot be unloaded in one place is a container that cannot be loaded somewhere else. The pandemic and its restrictions have limited the availability of dockworkers and truck drivers, causing delays in handling cargo from Southern California to Singapore. As households in the United States have filled bedrooms with office furniture and basements with treadmills, the demand for shipping has outstripped the availability of containers in Asia, yielding shortages there just as the boxes pile up at American ports.Ĭontainers that carried millions of masks to countries in Africa and South America early in the pandemic remain there, empty and uncollected, because shipping carriers have concentrated their vessels on their most popular routes - those linking North America and Europe to Asia.Īnd at ports where ships do call, bearing goods to unload, they are frequently stuck for days in floating traffic jams. The virus has thrown off the choreography of moving cargo from one continent to another.Īt the center of the storm is the shipping container, the workhorse of globalization.Īmericans stuck in their homes have set off a surge of orders from factories in China, much of it carried across the Pacific in containers - the metal boxes that move goods in towering stacks atop enormous vessels. In China, furniture destined for North America piles up on factory floors.Īround the planet, the pandemic has disrupted trade to an extraordinary degree, driving up the cost of shipping goods and adding a fresh challenge to the global economic recovery. ![]() In Kansas City, farmers are struggling to ship soybeans to buyers in Asia. Off the coast of Los Angeles, more than two dozen container ships filled with exercise bikes, electronics and other highly sought imports have been idling for as long as two weeks. ![]()
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