Global Supply Chain Woes Lingering Longer
The Global Small Business Blog
AUGUST 3, 2022
©iStock/BING-JHEN HONG Shipping giant Maersk said that congestion in global supply chains leading to higher freight rates has continued longer than initially anticipated. Maersk raised its 2022 profit guidance for a second time on Tuesday, 8/2/22, after beating quarterly revenue expectations as congested global supply chains that have boosted freight rates persist longer than expected.
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