Trade takes people: Navigating new economic normal and year of labor

Each piece of the supply chain — manufacturing, transportation and consumption — depends on one thing: people. 

The imbalance of the supply chain now is based on human error — the over-ordering of products and selling those that people didn’t want — and port congestion — caused by fears of an International Longshore and Warehouse Union (ILWU) strike, which has diverted trade and created bottlenecks. We know trade is slowing down, but the congestion skews the reality of the pullback in orders.

Trad...

https://www.freightwaves.com/news/trade-takes-people-navigating-new-economic-normal-and-year-of-labor

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