Red Sea Crisis, Panama Canal, and South China Sea tensions cause supply chain disruptions, increased shipping costs, and extended delivery times for apparel companies.
GlobalData reports that the Red Sea Crisis, Panama Canal and South China Sea geopolitical tensions are causing supply chain disruptions, increasing shipping costs and extending delivery times for apparel companies. Political instability and regional conflicts impact suppliers and companies in sourcing and delivering products, forcing them to navigate diversions in shipping routes and adapt to reshaped trade dynamics.
May 17, 2024
4 Articles