Supply chain crisis is not over and could last until 2023

port congestion

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 Shipping Containers

This year the 2021 Chinese Lunar New Year holiday period will be February 11 to 17. Each year all parties in the supply chain are encouraged to plan accordingly. This year it is imperative to plan effectively.