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The world is facing yet another shipping crisis that is driving up costs. Companies are now paying 10-times the regular shipping charges, raising the prices of several commodities. The problem is driven by a Covid surge in southern China, which has prompted lockdowns, disrupting supply chains. The lack of personnel amid the pandemic also caused massive backlogs at ports, with some ships waiting as long as 16 days to unload.
From: https://www.businessinsider.com/shipping-crisis-causing-shortages-why-2021-6