PUBLISHER: Freight News (www.freightnews.co.za)
Congestion in the supply chain has led to significant delays in transportation time in relation to ocean-side delays and inland congestion, boosting the need for more containers, which will lead to a glut of 13 million excess containers when backlogs are cleared.
This was the warning from Alan Murphy, CEO of Sea-Intelligence, a provider of research, analysis and data services to the global supply chain industry, in his latest shipping trade analysis.