Tuesday, June 15, 2021

How 'Chaos' In the Shipping Industry Is Choking The Economy

SAN FRANCISCO, CALIFORNIA - MARCH 26: Container ships sit idle in the the San Francisco Bay just outside of the Port of Oakland on March 26, 2021 in San Francisco, California.

The U.S. trade deficit is hitting record highs — and it's fueled by a surge in demand for imports, mostly from East Asia. On both land and at sea, the shipping industry is struggling to keep up.

(Image credit: Justin Sullivan/Getty Images)

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