Over the past two years, disruptions to the global supply chain have led to a sharp drop in capacity and high freight rates, especially for container shipping. The Covid-19 pandemic has always been the main cause of this problem but there is no real solution to fix it.
The supply chain breakdown has not been overcome to date. Photo: Logistics Manager .
Many questions arise around this disruption: How long will it take for the global supply chain to solve the problem? How will that happen, what will it entail?… In fact, these questions are difficult to answer but at least make us think about it.
Currently, the logistics industry is going through an unprecedented crisis. It is difficult for service providers to grasp the situation of freight, lack of supply capacity and do not have insight into forecasting, management vision and logistics operations.
The year-end shopping and holiday season is approaching, manufacturers, logistics service providers or customers are all worried about shipping problems. However, we should not wait, let’s quickly shop so that the goods can be delivered as soon as possible.
The current situation still has many difficulties, but some experts in the logistics field predict that the congestion problem will be overcome by early 2022.
Previously, Global Trade newspaper also forecast that 2022 will be a bright year for the logistics industry. The explosion of e-commerce has positively affected the logistics industry. With the epidemic situation gradually easing and the world returning to the development trajectory, this industry is forecast to reach 12,975.64 billion USD by 2027.
Many breakthrough trends will appear in the next year such as micro-warehouses and last-mile logistics, increased demand for 3PL and 4PL services, green logistics and stronger application of technological achievements.
