Yantian Port Congestion to Hit Struggling Supply Chains

Yantian Port Congestion to Hit Struggling Supply Chains

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of global freight costs, highlighting their significant increase compared to pre-pandemic levels. It examines the impact of port disruptions, particularly in China, on the supply chain and trade. The discussion also covers the challenges faced by the shipping industry, including capacity constraints and underinvestment. The video concludes with an analysis of how rising costs affect profit distribution among shipping lines, lessors, and consumers.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in global freight rates compared to pre-pandemic levels?

They are three to five times higher.

They have doubled.

They have decreased significantly.

They have remained the same.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the COVID-19 situation at ports in China affected global trade?

It has had no impact.

It has caused significant disruptions.

It has improved trade efficiency.

It has only affected local trade.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the broader supply chain issues mentioned?

Abundance of crew members

Surplus of shipping equipment

Port congestion and truck driver shortages

Excessive shipping capacity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a long-term factor affecting the supply chain?

Excessive ship ordering

Stable demand for imports

Overinvestment in shipping

Underinvestment in shipping and ports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have container shipping lines managed the increased freight rates?

They have stopped shipping.

They have reduced their rates.

They have passed the costs to customers.

They have absorbed all the costs.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of the current supply chain issues on consumer prices?

Prices have increased slightly.

Prices have increased dramatically.

Prices have remained stable.

Prices have decreased significantly.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of retail sales to inventory levels?

Fluctuating

At a record high

At a record low

Unchanged