Tagged With "Mario Cordero"
Topic
Supply chain woes continue
Supply chain woes continue Mario Cordero, executive director of Port of Long Beach in California, gave interview detailing ongoing problems - Some issues caused by consolidation of companies who own shipping containers - The top 6 container operators control more than 70% of all container capacity - As businesses try to restock after lifting of COVID-19 restrictions, they are paying 4 time more to move product compared to last year - Now are fewer routes, fewer smaller ships and fewer ports...