[Follow our live coverage of the stuck ship in the Suez Canal.] LONDON — The world got another warning this week about the perils of its heavy reliance on global supply chains. As a single ship ran aground in the Suez Canal, shutting down traffic in both directions, international commerce confronted a monumental traffic jam with potentially grave consequences. And the Suez Canal is not just any waterway. The fact that one mishap could sow fresh chaos from Los Angeles to Rotterdam to Shanghai underscored the extent to which modern commerce has come to revolve around truly global supply chains.
Source: International New York Times March 26, 2021 07:00 UTC