While high shipping rates may be good for those in the shipping business, the ongoing congestion and supply disruption isn’t great news for consumers and retailers, or those paying more for commodities or imported goods. Port congestion also remains a problem, which is having a material impact on supply chains, particularly logistics and distribution.  However, there may be some relief in sight due to a drop in trade volume – something that the WTO anticipated when it recently downgraded its trade growth outlook for the third quarter of 2022 – which should help to ease port congestion problems in the short term.