U.S. import volumes continued to run at a record pace in November 2021. Despite this overall success, retail inventories are not catching up to pre-pandemic levels as a percentage of sales. The ultimate takeaway: as long as the high demand for goods continues in 2022,...
The Global Logistics Shipping Crisis: Just like “Groundhog Day”
Reviewing the logistics or economic metrics may lead you to think that your days are on repeat. U.S. Import data continues to show that the end to the global shipping crisis is not yet on the horizon. For this month’s review, we’re adopting a more holistic approach by...
Global Logistics Crisis Update: Is there a Light at the End of the Tunnel?
When in the midst of a challenging journey, most of us check the progress we are making, however slow, by looking for the light at the end of the tunnel. As part of Descartes’ ongoing update on the global shipping crisis, we will examine key logistics and economic...
Global Trade Data: Shift to ‘Stuff Economy’ Prolonging the Global Shipping Crisis
While it seems that COVID-19 is largely under control, the pandemic continues to affect supply chains in a profound way, according to latest global trade data from Descartes Datamyne. This includes new disruption of manufacturing and logistics operations with further...