- Political instability in the Red Sea prompts global shippers to reassess their supply chains.
- Ships rerouting around the Cape of Good Hope add up to two weeks.
- Increased shipping disruptions drive a shift from ocean to air freight.
Political instability in the Red Sea prompts global shippers to navigate costlier routes, compelling companies to reassess their supply chains for a new reality characterized by extended transportation distances, reports Nikkei Asia.
Impact on Containerized TradeAppro...
https://mfame.guru/political-turbulence-in-the-red-sea-disrupts-asia-europe-supply-chains/