
The shipping crisis is getting worse. Here's what that means for holiday shopping
CNN
The vast network of ports, container vessels and trucking companies that moves goods around the world is badly tangled, and the cost of shipping is skyrocketing. That's troubling news for retailers and holiday shoppers.
More than 18 months into the pandemic, the disruption to global supply chains is getting worse, spurring shortages of consumer products and making it more expensive for companies to ship goods where they're needed. Unresolved snags, and the emergence of new problems including the Delta variant, mean shoppers are likely to face higher prices and fewer choices this holiday season. Companies such as Adidas (ADDDF), Crocs (CROX) and Hasbro (HAS) are already warning of disruptions as they prepare for the crucial year-end period.
Nationwide outcry over the killing of a Minneapolis woman by an Immigration and Customs Enforcement agent spilled into the streets of cities across the US on Saturday, with protesters demanding the removal of federal immigration authorities from their communities and justice for the slain Renee Good.

Since early December the US Coast Guard and other military branches have boarded and taken control of five oil ships that had previously been sanctioned, all either accused of being in the process of transporting Venezuelan oil or on their way to take on oil that has been subject to US sanctions since President Donald Trump began a pressure campaign against the leadership of the country during his first term.

A federal judge on Friday blocked President Donald Trump’s administration from enforcing most of his executive order on elections against the vote-by-mail states Washington and Oregon, in the latest blow to Trump’s efforts to require documentary proof of citizenship to vote and to require that all ballots be received by Election Day.










