Lockdown in Vietnam and power problems in China cause delivery delays
The ongoing lockdown in Vietnam is currently delaying goods from ports of the Southeast Asian nation by an average of 25 days, while an interrupted power supply in Chinese factories is also affecting imports of products from the Far East. This will negatively impact the upcoming holiday season, as many importers have already been suffering from high transport costs and a lack of freight capacity for months plus these two additional difficulties in the fourth quarter.
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