NEW: The people in charge of getting packages to your door are battling the pandemic, a labor shortage, and sky-high demand. Inside the brutal realities of supply chain hell. https://t.co/tbryb1fPMu
"Two years ago, a 40-foot container cost less than $2,000 to transport goods from Asia to the U.S. Today the service fetches as much as $25,000 if an importer pays a premium for on-time delivery." Industry's net profit surging to $100b from $15b last year https://t.co/f4XmgMypL6
But also, a new major to consider? "Top logistics positions at large global companies can pay $300,000 to $400,000 ... Unfilled positions are reaching a 20-year high, and in the U.S. alone, more than 600,000 job openings are projected over the next decade" https://t.co/f4XmgMypL6
Supply chain managers are having a helluva time with the biggest shock wave to unsettle global trade since the dawn of container shipping almost seven decades ago, @b_muzz writes for @BW: https://t.co/oyjI96PcIA
Ports operating in the U.S.’s biggest gateway for trade with Asia will extend night hours and work weekends to clear port delays amid record volumes https://t.co/xzzAK4IYR5
While there's a whole sector of doomsayer analysts predicting severe long term consequences-and they may be right or wrong-this guy's surely right that the effect is definitely on to the end of the year and any holiday rush in demand will exacerbate.
Comments
by artappraiser on Thu, 09/16/2021 - 9:55pm
by artappraiser on Fri, 09/17/2021 - 4:44pm
by artappraiser on Fri, 09/17/2021 - 5:54pm
supply chain issues for I-Phone:
by artappraiser on Sun, 10/03/2021 - 8:01pm
While there's a whole sector of doomsayer analysts predicting severe long term consequences-and they may be right or wrong-this guy's surely right that the effect is definitely on to the end of the year and any holiday rush in demand will exacerbate.
by artappraiser on Sun, 10/03/2021 - 8:11pm
and Mr. DeJoy's changes at the USPS will surely exacerbate all the more! There even those trying to buy used rather than new goods will be effected.
by artappraiser on Sun, 10/03/2021 - 8:14pm