How This Supply Crunch Looks Different Than Covid-Era Chaos

Shipping is disrupting global trade and making headlines again, but the latest constraints aren’t yet holding back factory activity in major developed economies or threatening another flareup of inflation.

That’s the counterintuitive view from a leading US supply-chain professor as concerns grow that the world is headed for the 2.0 version of the Big Supply Crunch — the economic disorder which whipsawed freight markets, slowed manufacturing and boosted consumer prices during the pandemic.