Container Ship Backlogs and Soaring Rates Drive Supply Chain Congestion Concerns

Goldman's Jordan Alliger released his latest supply chain congestion note on Monday, informing clients that for the first time in 1.5 years, the supply chain congestion index is on the verge of rising from two to three, with ten being the most congested. This resurgence in snarled supply chains is driven mainly by increasing container ship backlogs and soaring ocean container shipping rates.  "While our weekly bottleneck scale remained slightly below the level of '3' this week as the overall scale remained unchanged at '2', the absolute level…