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International

UK port delays could affect $2 billion trade import

October 19, 2021 Reprints

Analysts at risk management firm Russell Group Ltd. have warned that the ongoing delays at Felixstowe port in England will disrupt around $2 billion worth of U.K. trade imports just ahead of Christmas, Reinsurance News reported. Felixstowe is one of the largest ports in the U.K., and the port delays coupled with logjams and shortage of containers and truck drivers are aggravating the supply chain woes.

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UK port delays could affect $2 billion trade import

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