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A wave of shipping consolidation over the past five years has added to supply chain problems caused by the Covid-19 outbreaks, further delaying the movement of goods across oceans.
A handful of major shipping players control the majority of containers via giant ships, leaving the world with fewer routes, fewer smaller ships and fewer ports that could keep the flow of goods moving when the pandemic disrupted operations , according to freight owners and freight forwarders, who secure the vessel’s space to move cargo.
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