Glimmers of hope emerge in the supply chain nightmare

By WBOK Staff

Thursday, December 9, 2021

New York (CNN Business)Epic port congestion is easing. Shipping prices are falling from sky-high levels. Deliveries are speeding up a bit. There are growing signs that the supply chain mess is finally starting to get cleaned up.

That's not to say the supply chain nightmare is over. It's not. And the situation may not get anywhere near back to normal anytime soon.
Businesses are still grappling with a troubling shortage of truck drivers. Critical components, including computer chips, remain scarce. And the Omicron variant threatens to put renewed pressure on supply chains.

Still, there is evidence that bottlenecks are beginning to unclog. That is encouraging given that unprecedented stress on supply chains has contributed significantly to historic levels of inflation in the United States.




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