By Jim Hoft
Published January 14, 2022
"With sailing schedules already facing delays of about a week, freight forwarders warn of the impact on already back-logged gateways in Europe and the US and is also why HSBC economists are warning that the world economy could be headed for the “mother of all” supply chain shocks if the highly infectious omicron variant which is already swamping much of the global economy spreads across Asia, especially China, at which point disruption to manufacturing will be inevitable."
Believe it or not this is where the small providers like myself may survive since we can absorb the high freight rates of air shipments for smaller quantities of needed supplies. It’s already working for me even though air freight from China is pricy. Also, I’m finding more and more vendors popping up here in the US.
https://freerepublic.com/focus/news/4030029/posts?page=1
BRACE YOURSELF! The ‘Mother of All Supply Chain Shocks’ Is Coming as China Shuts Down Major Ports Due to Pandemic
GATEWAY PUNDIT ^ | 1/16/2022 | Jim Hoft