Drought and war plaguing the world's main maritime trade routes is disrupting the global supply chain.
A severe drought around the Panama Canal since June has had ships reroute to the Suez Canal, where congestion is building.
Combined with attacks in the Red Sea area over the weekend, higher costs and delays are likely on the horizon.
Custom Brokers and Freight Forwarders Federation chief executive, Sherelle Kennelly told Mike Hosking that the impact this will have on New Zealanders has yet to be determined.
She says it will drive importers and exporters to build an extra lead time for their cargo.
What impact that will have on additional costs, Sherelle Kennelly says, is variable right now.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Spooky Podcasts from iHeartRadio
Whether you’re a scaredy-cat or a brave bat, this collection of episodes from iHeartPodcasts will put you in the Halloween spirit. Binge stories, frights, and more that may keep you up at night!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.