Podcasts Other The Mike Hosking Breakfast Sherelle Kennelly: Custom Brokers and Freight Forwarders Federation Chief on the war and drought disrupting the global supply train

Sherelle Kennelly: Custom Brokers and Freight Forwarders Federation Chief on the war and drought disrupting the global supply train

Published: Dec. 6, 2023, 7:10 p.m.

Drought and war plaguing the world's main maritime trade routes is disrupting the global supply chain.\xa0

A severe drought around the Panama Canal since June has had ships reroute to the Suez Canal, where congestion is building. \xa0

Combined with attacks in the Red Sea area over the weekend, higher costs and delays are likely on the horizon. \xa0

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. \xa0

She says it will drive importers and exporters to build an extra lead time for their cargo. \xa0

What impact that will have on additional costs, Sherelle Kennelly says, is variable right now.\xa0

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