As we are all aware, the global supply chain was disrupted by the COVID-19 pandemic and caused significant delays in goods shipped from across the globe. With this as a backdrop, we can understand when these delays will dissipate and imported goods will revert to pre-pandemic timing.
One of the best sources of data is called the Flexport Ocean Timeliness Indicator (OTI). A recent blog post shed light on supply chain shipping delays and provided insight into what is going to occur as we emerge from the current variant of this pandemic period.