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Global cargo logjam delays goods bound for retailers, automakers 24 Dec 2020 Customers carry packages up the stairs to a US Postal Service office in New York on Thursday. Agence France-Presse Global cargo logjam deepens and it delays goods bound for retailers, automakers. Besides, Logistics companies reap ‘vaccine economy’ benefits as European Union (EU) gears up for roll-out. 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 em...

Global cargo logjam deepens Reuters December 24, 2020 LONDON/ LOS ANGELES: 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 wrong places, spawning bottlenecks that now stretch from factories to seaports. Container ship oper...

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

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 tra...

Share this article By Lisa Baertlein and Jonathan Saul (Reuters) – 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 opera...