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Moody's warns of 'dark clouds ahead' for the global supply chain as 77% of the world's largest ports face backlogs

12 days ago   |   By Business Insider

Container ships wait off the coast of the congested ports of Los Angeles and Long Beach on September 29, 2021.
Mike Blake/REUTERS
Moody Analytics warned on Monday that there is no easy fix for the supply-chain crisis.
Data shows 77% of major world ports have seen an uptick in turnaround time this year.
Record backlogs in Southern California ports are the most significant port delays in the world.
Historic delays and product shortages are threatening to topple an already tense global supply chain. On Monday, Moody Analytics warned that the disruptions "will get worse before they get...
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