News / 'Yantian effect' could cause shortage of goods as rates are set to stay high

dreamstime_m_210810615 Mariusz Bugno Dreamstime.com

18/06/2021

Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely lead to shortages of low-value goods no longer viable to transport, according to a senior European banker.

Yantian productivity, while on the increase, will see the backlog ...

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