Companies know how to solve the supply-chain crisis, a truck-driving veteran said, but they just don`t want to pony up the cash.
Nearly every element of the US supply chain is stretched too thin. Key ports are badly congested, with a historic number of cargo ships waiting to unload containers. The mess boils down to "pure supply and demand economics," Ryan Johnson, who has been a truck driver for 20 years, said in an October 27 Medium post. As the economy reopened, Americans flush with pandemic savings unleashed a wave of pent-up demand that has swamped the supply chain.
Nearly every element of the US supply chain is stretched too thin. Key ports are badly congested, with a historic number of cargo ships waiting to unload containers. The mess boils down to "pure supply and demand economics," Ryan Johnson, who has been a truck driver for 20 years, said in an October 27 Medium post. As the economy reopened, Americans flush with pandemic savings unleashed a wave of pent-up demand that has swamped the supply chain.
- The US doesn`t have enough drivers to solve the shipping crisis because of greed, one driver said.
- On top of higher pay, companies must accept smaller profits in the port business, he said.
- Firms` prioritization of profits created a workforce "that will leave in a heartbeat," he added.
RSK: Another possible solution to the supply chain problem and it makes some sense.
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- - Volume: 9 - WEEK: 47 Date: 11/16/2021 11:51:16 AM -