Latest Breaking News On - சர்வதேச அறை - Page 36 : comparemela.com

Wed, 21 Jul 2021 00:00 UTC Over the past decades world ocean trade has expanded almost exponentially as major manufacturing outsourcing from USA and European corporations has blossomed under the advent of economic globalization. The result has been that Asia, most especially China, has become the essential manufacturing source for everything from iPhones to antibiotics and everything in-between. The creation of the World Trade Organization to impose new rules on the trade has been a key driver. It has also made global supply chains for delivering goods more fragile than ever in history. The rise in cost of ocean container shipping indicates the growing crisis. Compounding the growing crisis are enormous labor shortages owing to global COVID measures.

New yorkUnited statesLong beachSouth koreaRussian federationF william engdahlLos angelesAsia north americaStatista research departmentInternational transport federationMaritime commissionPrinceton universityWorld trade organizationTaiwan evergreen coInternational chamberGerman based statista research department