In The News
COVID-Scrambled Supply Chains Require More Flexibility Than Ever
After a record-setting year in 2018, where tight capacity led to rate increases for carriers, 2019 was back to a more normal year in freight and logistics, and the industry was poised for a solid 2020—and then the pandemic hit. Panic-buying and stay-home orders scrambled the supply chain, and logistics and transportation companies are still adapting.
“Nobody can be certain what normal will look like, other than an increase in e-commerce,” said Michael Zimmerman, partner with Kearney and co-author of the 31st annual State of Logistics Report from the Council of Supply Chain Management Professionals, in a press briefing before its June 23 release.