China’s Lockdowns Can Further Hike Transport Costs And Disrupt The Global Supply Chain
A sudden rise in COVID-19 cases has once again prompted China to completely shut down the country’s largest city to curb the spread. Shanghai has started a two-stage lockdown that may further impact the global supply chain. Shanghai closed down half of the city on Monday while the other will be shut from Friday following a four-day testing strategy. The company reported that trucking services in and outside Shanghai are going to be...
