"The pandemic broke the supply chain last year, and the shipping companies that move stuff all over the world still haven't recovered,"Schreiber told Bloomberg that while large corporations like Walmart can leverage company connections to place its orders on mega-ships in time, smaller and mid-sized brands get"squeezed out."
In order for the world's shipping system to function, three elements are required: massive ships, containers on the ships, and places for the ships to park so that the containers can be unloaded. , Schreiber said that the industry simply does not have enough massive ships to keep up with America's outsized demand.
The only scenario in which Schreiber can foresee shipping timelines returning to pre-pandemic levels is if "It's hard to predict the future," Schreiber said."As restaurants and travel reopen, people may just spend a little less on stuff and that will solve the problem very quickly." Subscribe to push notifications
...... ✊Toc.Toc..the EU knocks on the door DONE in CHINA
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