Emily
Editor, Senior Moderator
https://www.maritime-executive.com/...ts-are-increasingly-impacting-global-shipping
Published Oct 12, 2021 7:54 PM by The Maritime Executive
While much of the focus has been on the challenges shippers and carriers face getting imports offloaded at their destination ports and delivered, there are also growing backlogs at Chinese factories and ports. The problems developing at the front end of the supply chain are now raising concerns about further challenges contributing to global delays and shortages likely to drive shipping costs even higher.
...
“As it becomes increasingly hard to get inventory from factory floors to end-consumers, competition for shipping capacity will heat up,” predicts Brazil. “At this point, pretty much everybody is feeling the pain. The challenge is less about achieving full inventory -- that ship has sailed -- and more about adapting to, and planning for future disruption.”
Published Oct 12, 2021 7:54 PM by The Maritime Executive
While much of the focus has been on the challenges shippers and carriers face getting imports offloaded at their destination ports and delivered, there are also growing backlogs at Chinese factories and ports. The problems developing at the front end of the supply chain are now raising concerns about further challenges contributing to global delays and shortages likely to drive shipping costs even higher.
...
“As it becomes increasingly hard to get inventory from factory floors to end-consumers, competition for shipping capacity will heat up,” predicts Brazil. “At this point, pretty much everybody is feeling the pain. The challenge is less about achieving full inventory -- that ship has sailed -- and more about adapting to, and planning for future disruption.”