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‘Everything That Can Flow is Being Thrown into Transpacific Trade,’ Ocean Expert Says

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

While high consumer demand has consistently driven a worldwide supply chain backlog defined by container capacity shortages and soaring shipping rates, the source of this demand is hardly spread evenly across the globe. In fact, despite the delays at seaports worldwide, global demand growth for shipping containers only increased by 0.5 percent on an annualized,…

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