Global Supply Chain Woes Likely To Worsen On Chinese Lockdowns ...Middle East

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Global Supply Chain Woes Likely To Worsen On Chinese Lockdowns
source : OILPRICE ( Middle East ) () 16
Whenever the trucking market slows, truck drivers look for someone to blame. Normally, a slowdown is just a function of supply and demand. The market has too much dispatchable capacity compared to the total number of loads on any given day.  This summer, the trucking market could have one of its steepest declines in recent years and there is an entity that deserves much of the blame – the Chinese Communist Party and its draconian and inhumane lockdowns. While the motivations of the Chinese government are unclear, one thing is certain…

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