If you think the supply chain collapse is bad now, just wait
Apr 21, 2022 21:55:21 GMT -5
Post by OmegaMan on Apr 21, 2022 21:55:21 GMT -5
If you think the supply chain collapse is bad now, just wait until summer
Thursday, April 21, 2022 by: Ethan Huff
Tags: chaos, China, Collapse, food riots, J.B. Hunt, lockdown, scarcity, Shanghai, starvation, summer, supply chain, trucking
This article may contain statements that reflect the opinion of the author
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(Natural News) As bad as things currently are on the supply chain front, experts say that they are about to get a whole lot worse.
During a recent earnings call, J.B. Hunt Chief Commercial Officer Shelley Simpson explained that come summer, the world as we currently know it may no longer be recognizable.
“We do forecast [things] to get a lot worse as we come into the summer months, particularly with what’s happening in the supply chain from an ocean perspective or in China coming inbound,” she said.
The latest round of Wuhan coronavirus (Covid-19) lockdowns in China, and specifically in Shanghai, have shut down the city’s ports and left goods carriers floating out in the ocean with nowhere to port.
We saw the same thing last year here in the United States – and actually, there are still barges floating off the West Coast, further threatening the already delicate American supply chain.
“I do think there has been a temporary relief in the dislocation from labor shortages and also just where shipments are located,” Simpson added.
“If you actually look at the live screenshot of what’s happening in Shanghai, the ships are – it looks just like a lot of ships and a little bit of water. And so that certainly is going to make its way back into the U.S. here this summer.”
Continued at link
Thursday, April 21, 2022 by: Ethan Huff
Tags: chaos, China, Collapse, food riots, J.B. Hunt, lockdown, scarcity, Shanghai, starvation, summer, supply chain, trucking
This article may contain statements that reflect the opinion of the author
Bypass censorship by sharing this link:
New
citizens.news/612322.html
(Natural News) As bad as things currently are on the supply chain front, experts say that they are about to get a whole lot worse.
During a recent earnings call, J.B. Hunt Chief Commercial Officer Shelley Simpson explained that come summer, the world as we currently know it may no longer be recognizable.
“We do forecast [things] to get a lot worse as we come into the summer months, particularly with what’s happening in the supply chain from an ocean perspective or in China coming inbound,” she said.
The latest round of Wuhan coronavirus (Covid-19) lockdowns in China, and specifically in Shanghai, have shut down the city’s ports and left goods carriers floating out in the ocean with nowhere to port.
We saw the same thing last year here in the United States – and actually, there are still barges floating off the West Coast, further threatening the already delicate American supply chain.
“I do think there has been a temporary relief in the dislocation from labor shortages and also just where shipments are located,” Simpson added.
“If you actually look at the live screenshot of what’s happening in Shanghai, the ships are – it looks just like a lot of ships and a little bit of water. And so that certainly is going to make its way back into the U.S. here this summer.”
Continued at link