Problems and Delays in the Global Supply Chain
English for Economists | Economic News and English Expressions - A podcast by Alan Robert
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In this episode, you'll learn these useful words you can use to talk about the global supply chain crisis: Freight: goods transported in bulk by truck, train, ship, or airplane. A related word is “cargo”. Gauge: device or formula for measuring the size, amount, or contents of something. In this case a gauge is used to measure length of time. Glut: an excessively abundant supply of something. In this case, a glut of shipped merchandise. Warehouse: a large building where raw materials or manufactured goods may be stored before their export or distribution for sale. Longshoreman: a dockworker involved in loading and unloading cargo from ships. Backlog: A backlog is a buildup of work that needs to be completed. In this case, a backlog of freight that needs to be delivered.