Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Panjiva Analysis Hints at What’s Ahead for Trade—and Higher Prices Could Be Around the Corner

By
Panjiva analysis shows that demand growth and rising freight expenses will spur companies to raise prices and adapt their supply chains.
In this Wednesday, March 3, 2021 photo, container cargo ships are seen docked in the Port of Los Angeles. A trade bottleneck born of the COVID-19 outbreak has U.S. businesses waiting for shipments from Asia _ while off the coast of California, dozens of container ships have been anchored, unable to unload their cargo.
CREDIT: AP Photo/Damian Dovarganes

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Get Tickets Now

Continued demand growth and cost inflation will see companies increase prices and adapt their supply chains in the second quarter, new analysis shows. “The seeds of the challenges faced by global supply chains during the first quarter of 2021 were sown in the second half of 2020 and are unlikely to unwind before the end…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!

© Copyright Sourcing Journal Media, LLC.

ad