The global pandemic in 2020-2022 disrupted normal operations in global logistics. The 100 vessels waiting outside the Los Angeles ports and other disruptions reduced global capacity by 13.8% in January 2022. During normal circumstances, only 2 percent of capacity is held up.
Throughout 2022, the bottlenecks have been resolving, and by November 2022 global capacity that was reduced by congestion was down to 5.5 percent. Analysts believe that by April 2023, logistical bottlenecks will fully normalise.
1. Jensen: logistics bottlenecks to fade out in 2023, Port Technology International, January 14, 2023. Accessed Jan 17, 2023.