News Snapshot:
Zoom In IconArrows pointing outwardsThe CNBC Supply Chain Heat Map for China, which is gradually easing Covid lockdowns, is showing several hot spots slowing down trade flow in recent days.China's "zero Covid" measures on trucking and cross-city transport limitations continue to slow down manufacturing and logistics. The decrease in completed manufactured goods is reflected in the decrease in exports leaving Shanghai bound for the United States. The city is not expected to fully reopen until mid-to-late June.To make up time, ocean carriers are increasing their canceled sailings or skipping ports. But schedule reliability is not improving. According to Sea-Intelligence, vessels...
