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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. In November 2021, global air freight traffic (measured in tonne-kilometres) saw a 3.7% New York Times).

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Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

We experienced a ‘freight recession,’ last year, which eased the pressure on the driver market,” [ATA Chief Economist] Bob Costello said. Now that freight volumes accelerating again, we should expect to see a significant tightening of the driver market.”. Earlier this year U.S.