Shoppers getting a head start on the holidays

CNBC’s Andrea Day joins Shep Smith to report on shoppers who are getting a head start on their holiday shopping, hoping to avoid supply-chain shortages likely to hit stores as the holiday gets closer. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

Supply chains everywhere have been hit by massive disruptions this year, from container shortages to floods and Covid infections setting off port closures.

The energy crises in mainland China and Europe are the latest to roil shipping.

Capital Economics noted that the number of ships waiting outside Chinese ports have jumped again in recent weeks, calling it “concerning.” According to the research firm, the 7-day average for the number of ships as of Sept. 30 was 206, compared with an average of 82 ships for 2019, before the pandemic.

Julian Evans-Pritchard, senior China economist at the research firm, said that power rationing along the supply chain could be interfering with ports’ ability to ship orders.

Factory shutdowns in Vietnam, where many firms moved manufacturing to amid the U.S.-China trade dispute, have also affected the production of many goods.

Here’s a look at how recent developments have once again snarled shipping and what types of goods are affected in the leadup to the year-end holiday shopping season.

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The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

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