Comment / On the wires: Expeditors – let this number (rather than bears) drive you mad

“There remains an overall deficiency of available air capacity (…). Despite increased utilization of air charters, there is insufficient capacity to meet the current high demand. At the same time, unprecedented congestion at the ocean ports due to labor and equipment shortages is disrupting sailing schedules and causing significant delays. There is simply not enough equipment, warehouse and pier space, or people in the locations where they are needed to meaningfully reduce the significant backlogs of cargo.” Jeff Musser, president ...