Inside America’s Broken Supply Chain
How failures at collaboration, information sharing left the system vulnerable
The commercial pipeline that each year brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the United States is clogged and no one knows how to unclog it.
This month, the median cost of shipping a standard rectangular metal container from China to the West Coast of the United States hit a record $20,586, almost twice what it cost in July, which was twice what it cost in January, according to the Freightos index. Essential freight-handling equipment too often is not where it’s needed, and when it is, there aren’t enough truckers or warehouse workers to operate it.
As Americans fume, supply headaches that were viewed as temporary when the coronavirus pandemic began now are expected to last through 2022.
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