Freight: Disorder, Disruption and Delay
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-- Three factors are driving the historic level of tightness in the freight sector: massive inventory drawdown in 2020, changing consumer behavior, and a changing mix of investments by businesses.
-- Containers are simply not moving fast enough to catch up with demand, especially stimulus driven demand that will hit the economy once the next $1.9 trillion stimulus bill is passed within the next few weeks.
-- The United States is entering a low-growth, high-pressure economy as stimulus pushes demand beyond the global supply chain’s limits. This issue is looming larger and larger, but policymakers and Wall Street commentators have been dismissive of the potential consequences.
-- Containers are simply not moving fast enough to catch up with demand, especially stimulus driven demand that will hit the economy once the next $1.9 trillion stimulus bill is passed within the next few weeks.
-- The United States is entering a low-growth, high-pressure economy as stimulus pushes demand beyond the global supply chain’s limits. This issue is looming larger and larger, but policymakers and Wall Street commentators have been dismissive of the potential consequences.