Shipping Container Shortage–Another Bullwhip Example
Operations and Supply Chain Management
JANUARY 25, 2021
Chinese tech giant Alibaba’s logistic arm Cainiao launched a container booking service last week in response to the global shortage. Compared with last March’s low prices, freight rates from China to the U.S. The shortage is further exacerbated by limited air freight capacity. rates are up 145% year over year.
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