QUESTION: How did the recent #Suezblockage impact global security? We asked Brandon Fried @AfAExecDirector. Follow this thread for the answer.
"The Suez situation could not have come at a worse time with global demand for products and an all-time high, and we didn’t need another significant choke point to restrain capacity. Of course, the congestion at the Port of Los Angeles continues to be a big challenge as well.
The containers on these vessels are essential to the global supply chain must be put back into circulation as soon as possible. Without them, cargo sits at the docks, waiting not only for the ships but the metal boxes they carry as well.
Airfreight is undoubtedly benefiting from the situation as impatient shippers need to get products to market. While a significantly more expensive option, many cannot afford to wait and are left with no choice but to pay the higher price.
The biggest lesson learned is that the global supply transportation chain is a complex interconnected web that is vulnerable to disruption.
When this happens, shippers should have an alternative plan to avoid disruption of their supply chains, using knowledgeable freight transportation advisors to assist them in being prepared for when, not if, it happens again."
Read more about @AfAExecDirector Brandon Fried here: airforwarders.org/cpages/afa-exe…
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28 Dec 20
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