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

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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

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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…

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