The investment bank, Carl Marks Advisors, surveyed more than 100 U.S. supply chain executives. More than half of the people surveyed do not expect a return to a more normal supply chain until 2024 or beyond. Another 22 percent said these disruptions will likely continue until the second half of next year. Ocean shipping was cited as the biggest logistical breakdown. Eighty percent of the executives surveyed said supply chain costs have risen between 20-and-60 percent between December of 2020 and December of 2022.
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