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Article; The Global Supply Chain Pressure Index and the “Smooth Lines” Fallacy
https://liquidtime.substack.com/p/the-global-supply-chain-pressure?utm_source=substack&publication_id=537128&post_id=146544135
Variations of the sentence “the pandemic and the blockage of the Suez canal by the Ever Given brought the world’s supply chains to light” are, generally, annoying, although there is admittedly some truth to them. Shipping was not particularly on the news agenda several years ago. Running a search for news articles in 2019 that contain the phrase “Global Shipping” pulls up 1830 results. Running the same search for subsequent years sees that figure more than double 4800 in 2021, and rise to 5260 for 2023. In the last few years, Bloomberg have hired dedicated logistics reporters, and other news outlets are starting to consider supply chains as its own beat rather than just a dull branch of business news.