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Why you should expect more Suez-like supply chain disruptions and shortages at your grocery store | Opinion
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A Target in Sheridan, Colorado, was very low on paper towels in November 2020. (AP Photo/David Zalubowski)
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When the Ever Given container ship choked off traffic in the Suez Canal for almost a week in late March 2021, it madebigheadlinesaround the world.
The price of oil rose, and companies fretted as hundreds of ships carrying everything from coffee and cattle to toys and furniture were delayed. Experts estimated that every hour traffic remained stuck cost the global economy over US$400 million in lost trade.
Why you should expect more Suez-like supply chain disruptions and shortages at your local grocery store thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.