The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, has made an unsolicited $5.5 billion offer to buy Bollore SE’s logistics arm.
Airbus began notifying airlines about expected delivery delays that will take place in 2024 while remaining confident this doesn't indicate worsening supply chain issues.
Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.