Industry: U.S. must address pandemic-related market shocks that harm businesses

The U.S. must take a range of actions to address pandemic-related market shocks that have spurred high costs and long delays for U.S. importers and exporters, causing major disruptions to supply chains, according to industry representatives. U.S. consumer goods imports have spiked after an initial drop-off at the start of the pandemic. That spike has led to increased demand for shipping containers, especially in Asia, the largest source of U.S. apparel and a major source of personal protective equipment, according...