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Photo: Chen Changjun/VCG via Getty Images

A key shipping port in Yantian, in southern China, is nearly back to full capacity after a recent COVID outbreak partially shut down operations.

Why it matters: Delays of up to 16 days were reported by shipping giant Maersk last month, threatening to slow down already logjammed global supply chains even further.

  • Waiting periods are now down to half a day on average, Maersk reports, with productivity at the port back to 85% of normal levels. 

By the numbers: Yantian and neighboring ports are among the busiest in the world, but they’re far from the only ports seeing delays. 

  • Globally, schedule reliability remains below 40%, according to Denmark-based Sea Intelligence, compared to levels above 70%-80% in 2019. 
  • More than 400 ships traveling between Asia and the West Coast were late by more than two weeks during the first five months of this year. Compare that to 388 vessels in total that were late between 2012 and 2020.

What to watch: Retailers are concerned that existing backlogs may delay upcoming holiday season shipments.

  • The National Retail Federation urged President Biden in a letter last month to address supply chain issues as part of the administration’s Build Back Better infrastructure plan. 

Go deeper

Pelosi says it's her "plan" to appoint GOP Rep. Kinzinger to Jan. 6 committee

House Speaker Nancy Pelosi (D-Calif.) said Sunday that it is her "plan" to appoint Rep. Adam Kinzinger (R-Ill.) to the House select committee investigating the deadly Jan 6. Capitol riots.

Why it matters: Pelosi's statement to ABC's "This Week" comes after she rejected two of the five Republican appointments offered by House Minority Leader Kevin McCarthy (R-Calif.).

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📺: The Olympic events to watch today

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Bezos beats Branson in space billionaires' battle for attention

Photo illustration: Aïda Amer/Axios. Photo: Imtiyaz Shaikh (Anadolu Agency), Drew Angerer/Getty Images

Jeff Bezos' flight into space generated more interest from the public than Richard Branson's, and both billionaires overshadowed their respective space companies.

Why it matters: Data shows an outsized public interest in the personalities at the center of the space trips, compared to the companies behind them — which could reinforce public suspicion that the ventures were partly vanity plays.