Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification
Freightos
FEBRUARY 16, 2020
The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. But this spike put capacity on container ships at a premium, pushing freight rates way up as well. US importers are more dependent on Chinese sourcing than ever.
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