capacity tightness
Why are supply chains so messed up?
This is the question that I am asked on a daily basis. The issue is very complex, so I usually quip with a surprising response, “They’ve always had issues, but no one was really paying attention.” Turns out, unless the person works in freight, they are very unsatisfied with this answer. After all, freight and products just seemed to automatically show up before, but that is no longer the case.
Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature. Anyone that has been around...
https://www.freightwaves.com/news/why-are-supply-chains-so-messed-up
Lumber prices keep tight grip on shippers and importers
For lumber suppliers, the tight supply and mile-high price of lumber that impacted construction projects nationwide this spring continue to cause frustration. But builders and homeowners remain optimistic as prices have since fallen to $479 per thousand board feet, down 68% since peaking in May at an all-time high of $1,515. Fortune reported that prices have dropped for the ninth consecutive week.
It’s unlikely that lumber prices will return to pre-pandemic levels, but whether they will continue...
https://www.freightwaves.com/news/lumber-prices-keep-tight-grip-on-shippers-and-importers
Heated produce season may further freeze capacity
This summer is shaping up to deliver a very strong season for produce. With capacity as tight as it is now, many industry leaders are speculating that any difficulty in sourcing refrigerated trailers may impact the dry van segment as well, considering the ongoing effort supply chains are making to replenish inventory amid freight network imbalances.
“Currently, there is no indication of either demand slowing or supply increasing,” said Sean Burke, chief commercial officer at Echo Global Logistics
https://www.freightwaves.com/news/heated-produce-season-may-further-freeze-capacity