Supply Chain Snags or Full Speed Ahead?

Shipping expert Lauren Pittelli shares her advice to manufacturers for keeping those components coming in and finished goods moving. Rapid supply and demand changes during the pandemic reshuffled team rosters and altered every carrier playbook. The ocean carriers were flush with pandemic profits and invested in vertical integration. Two of the largest global carriers, Maersk Lines and CMA CGM, expanded into air cargo and contract logistics. Mediterranean Shipping Company (MSC) purchased the African logistics division of Bollore.

Non-traditional players decided to get into the logistics business, too. Retailers such as Home Depot took supply chain matters into their own hands, chartering vessels to overcome supply chain snarls.

Read the full article on the link below

https://www.industryweek.com/supply-chain/article/21257688/supply-chain-snags-or-full-speed-ahead-what-logistics-looks-like-in-2023



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