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05 Feb
20:14

Global maritime disruptions may increase US supply-chain costs

US companies and stakeholders are warning of higher costs and supply disruptions caused by tensions in the Red Sea, Kallanish learns from an Institute of Supply Management (ISM) report. Construction sector respondents of the ISM survey note that “transportation impacts of the Suez Canal, due to unrest in the Red Sea, and the issues at the Panama Canal are impacting both costs and schedules for the transport of global goods.” This tone is echoed by a …
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