Shipping Delays and High Freight Rates Hurt All Businesses, Especially Global Small Businesses

©iStock/MattGush

An average of 30 container ships a day have been stuck outside the Ports of Los Angeles and Long Beach just waiting to deliver their goods. The backlog is part of a global supply-chain mess spurred by the pandemic that means consumers could see delivery delays for weeks.

The net result?  Everybody loses, especially global small businesses.