Over the last two plus years, the U.S. economy has fought its way through a steady stream of harmful supply chain disruptions. This variation has challenged production and inventories in every facet of the economy. This is one of the main reasons we fought hard to become fully integrated and less dependent on overseas raw materials. The most recognized and publicized place where this volatility could be most easily observed was the ports, where the dramatic changes in consumer behavior were observed in seemingly mile-high stacks of containers and vessels waiting to be unloaded. Observers hoped that port congestion previously had peaked at the beginning of 2022 and appeared to finally be easing in May and early June, but as we are smack dab in the middle of peak shipping, we are seeing congestion again. So what can we do? Plan, plan, plan - as best you can. We are excited to share pictures of our warehouse shelves. We are stocked and ready to help move your cargo safely across the country to its final destination.
Container freight rates, which soared to record prices at the height of the pandemic, have been falling rapidly, economists and data report. Decreased freight rates mean an increase in transport across the country, and an increase in demand for dunnage materials. Another front impacting transport and shipping is container turnaround times, which have been decreasing as well. This is a positive sign for consumers and those managing inventories within warehouses or direct consumer purchasing locations. As we keep our finger on the pulse of the shipping industry, we have ramped up our production of dunnage bags and corrugated dunnage to keep up with demand, and ensure supply chain issues continue to decrease.
With all of this said, we recommend everyone to check their current inventories as they wrap up 2022 and begin 2023. Plan for your dunnage needs and request a quote today. We have the expertise, the inventory, and cost advantage to safely transport your cargo and products damage free.