Ports Shutting Down Due to Covid-19 Fluctuations

A recent article published by the Independent Commodity Intelligence Service (ICIS) outlines how a lack of vaccinations across the globe can further exacerbate an already grim outlook on container freight. Sighting a preexisting uneven distribution of containers throughout the world’s supply chain, it continues to persist as ports shut down due to fluctuating Covid-19 cases. ICIS states that while container distribution was a delicate system before Covid-19, as countries have gone in and out of lockdowns, this balance has been repeatedly disrupted in ways that have been impossible to predict.