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Could shipping cancellations threaten availability of finished goods and parts? (access required)

In the face of a huge volume drop due to the COVID-19 pandemic, ocean freight lines have cancelled sailings on an “industrial scale” since February. That’s according to a briefing last week from maritime research and consulting agency Drewry. After spiking in February, cancelled, or “blank” sailings, decreased between April and May by 12% overall, but ...

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