Small Companies Struggle to Survive Extended Supply Crunch

Chief executive officers can’t stop talking about supply chain, and for good reason — logistical challenges are threatening the very existence of some smaller companies that just got past the worst effects of the Covid-19 pandemic.

The soaring price of ocean freight has put pressure on most shippers of cargo, but especially on the smaller players that don’t have the cash on hand or scale to combat rapidly rising costs, counter delays or avoid transportation snafus. (Click here for Bloomberg’s full story.)