The following appears on Freightwaves.com
By Greg Miller – Remember back in 2021 when inflation was “transitory” and surging consumer prices were blamed on the supply chain crisis? The Fed and macro investors became intensely interested in chaos at the ports. The focus on bottlenecks spurred the Federal Reserve Bank of New York to create a new barometer called the Global Supply Chain Pressure Index (GSCPI) in January.
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SOURCE American Shipper
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Freight Labor Unrest Is Going Global and Weighing on Supply Chains
