Wholesalers supply both retailers and manufacturers.
Early in the pandemic, congested supply chains drove inflation. Now, we’re seeing growth without major disruptions.
Uncertainty and high costs continue to worry businesses and exert upward pressure on inflation.
“What we’ve seen is consistent cargo flow,” says Gene Seroka, executive director of the Port of Los Angeles.
After a pandemic, trade war and rising wages, many manufacturers have been looking for other options outside of China.
“It’s the kind of stuff that keeps you awake at night,” said Teresa Asbury, a senior executive at the Legacy Cos.
From the shipping slowdown in China to the excess of inventory on hand, there are a number of likely reasons for the drop.
Shanghai officials boast that their strategy to snuff out the spread of COVID-19 is preferable to a city-wide lockdown. For residents living through the current wave, the effects are jarring.
The global supply chain pressure index shows that recent disruptions are extreme. But the labor situation is not represented.
David Erlanger is dealing with shipping delays and price increases the likes of which he hasn’t seen in his decades in the business.
