How To Deal With The Global Supply Chain Crisis

With ports clogged, commodity supply slowed and shipping prices soaring, the global supply chain crisis has surfaced in a number of areas, with many pointing the finger of blame at the shipping industry. Patrick Berglund, CEO of maritime price comparison platform Xeneta, believes that COVID-19 has indeed triggered a container crisis, and that the reasons behind it are strong booking activity and limited supply.

But he also points to a deeper reason: when the outbreak occurred, the shipping industry did not … Read the rest