Shipping Container Shortage–Another Bullwhip Example
Operations and Supply Chain Management
JANUARY 25, 2021
An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. For the route from Asia to the West Coast of the U.S., to Asia are “going back empty.”.
Let's personalize your content