The trade challenges on the Red Sea and through the Suez Canal resulted in higher freight rates and transit time. U.S. Meat Export Federation President and CEO Dan Halstrom feels these shipping issues could continue and grow. “The longer this goes on, the more that this could disrupt the overall vessel flow or global flow. Even though you only have an issue in this one area of the world, it does have a sort of domino effect if it goes on for any length of time.”
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