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The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe.
If there is a slowdown in shipping-container circulation, there could be massive supply chain bottlenecks.
“The skill involved in containerization is moving that container from point A to point B and getting it back to point A as quickly and efficiently as you possibly can,” Simon Heaney, senior manager of container research at Drewry, a maritime research and consulting firm, told CNBC.
Supply chain disruptions
Disruptions to global trade can have major impacts on shortages and inflation, causing serious ramifications for American households and businesses.
For example, the Federal Reserve Bank of San Francisco found that supply chain disruptions “contributed on average about 60% of the run-up of U.S. inflation” in the two years following the coronavirus pandemic outbreak.
“People suddenly realized how important that container is to everybody’s standard …
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