When it comes to moving fashion goods around the world, the logistical challenges are not easing up. Zero-tolerance Covid measures have parts of China under a prolonged lockdown. Labor shortages and conflicts are grinding the gears on the West Cost of the U.S., as negotiations with the port workers get off to a slow start. on top of it, capacity, congestion, and pricing continue their uncertain dance. Any one of these issues would be challenging on its own, but collectively, it’s a perfect storm of chaos.
Vincent Iacopella, executive vice president growth and strategy at freight forwarder Alba Wheels Up, sat down with Sourcing Journal founder and president Edward Hertzman to discuss the issues and uncertainties, and help chart a path forward.
Watch the fireside chat to learn:
· If there is any reprieve on the horizon regarding dealing with China.
· How geopolitical conflicts like the war in Ukraine is impacting the global flow of goods.
· What’s happening domestically regarding negotiations between the International Longshore & Warehouse Union (ILWU) and Pacific Maritime Association (PMA)
· What inflation and a cooling off of consumer demand means for the push-pull of congestion and capacity, and where to go from there.
· How technology can help companies alleviate some of today’s most pressing logistics issues.
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