“A 40 ft container cost around $2,000 to ship from Asia to the USA two years ago…today, it can cost up to $25,000”, says John McCown of Blue Alpha Capital.
The backlog in the global supply chain is found at every…single…step.
Industry players don’t see this changing or resolving itself until well into 2023.
Of course, if you’re a shipping container business, then you’re jumping for joy at the elevated rates you’re getting.
But all of this is showing there is a massive shortage in supply chain professionals, with unfilled positions in the US at a twenty year high.
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