Freight-Broker CEO Sees Supply Snarls at Least Through February
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A worsening traffic jam clogging global cargo arteries won’t ease up until after the 2022 Chinese New Year in February, said the head of one of the world’s largest freight brokers.
The supply chain is suffering from a “dramatic lack of capacity” for ships, trucks, trains, containers and warehouse workers, said Bob Biesterfeld, chief executive officer of C.H. Robinson Worldwide Inc. said. Labor shortages are keeping trucks idle and containers stuck at distribution centers, which is capping capacity.