July 17, 2024

AndronETalksNews

AndronETalksNews

A 20-year truck-driving veteran explains why the solution to the supply-chain crisis is in sight but greed is getting in the way

Business Insider

 

Companies know how to solve the supply-chain crisis, a truck-driving veteran said, but they just don’t want to pony up the cash.

Nearly every element of the US supply chain is stretched too thin. Key ports are badly congested, with a historic number of cargo ships waiting to unload containers. The mess boils down to “pure supply and demand economics,” Ryan Johnson, who has been a truck driver for 20 years, said in an October 27 Medium post. As the economy reopened, Americans flush with pandemic savings unleashed a wave of pent-up demand that has swamped the supply chain.

Read more…