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Major disruptions caused by Hurricane Ida have worsened existing delays as we enter the peak month for storms. Prices for industrial materials have increased so quickly and significantly that manufacturers are waiting for more pricing certainty before filling orders. Already projected to reach a record-breaking 25.9 million containers this year, container volumes are not likely to decline until well into 2022.Īlthough truck utilization is at or near 100% and orders for new trucks are up, production of new trucks and equipment has stalled. The arrival of backlogged and holiday freight compounds the problem. ports and creating bottlenecks in the supply chain.
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Record numbers of shipping containers are already congesting U.S. However, several issues could present setbacks: Peak Shipping Season ChallengesĪ recent survey from Logistics Management reinforces the industry-wide sentiment that this peak season will be more active than last year due to increases in imports and new orders, as well as an improving economic outlook and the perception of a waning pandemic. Preparing now can help you avoid problems, meet capacity needs, and maximize your success. Although this is usually good news for all members of the supply chain, heavy delays and tight capacity will present challenges. This year’s peak season-generally the onset of fall through December-will be stronger than ever, thanks to high volume for the holidays and burgeoning demand overall.