Companies From IKEA to Caterpillar Hit by Suez Blockage in Growing Trade Crisis

  • Goods stuck in canal could lead to shortages of key products
  • Crisis only worsens challenges to trade from the pandemic
Suez Canal Blockage: The $9.6 Billion Traffic Jam
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Swedish furniture giant Ikea and yellow bulldozer-maker Caterpillar Inc. typify the supply-chain headaches facing international companies due to the massive container ship blocking the Suez Canal.