Supply chain crisis is not over and could last until 2023

Port at Night

Is it the longest congestion ever? Maybe. Great news for one side of the industry and bad news for the other. With container freight rates and port congestion in the worst position compared to 2020 and 2021, the situation doesn´t expect to change until next year, 2023.

Chinese Lunar New Year Holiday Schedule

Chinese cargo on New yeas holiday

The 2021 Chinese Lunar New Year, scheduled from February 11 to 17, poses significant logistical challenges, with the potential to disrupt supply chains worldwide.