Most supply chain managers expect problems to continue at least through 2024, according to a new CNBC survey
Bloated inventories have kept warehouses packed, and respondents said they saw a 400% increase in warehouse prices as space decreases.More than half of logistics managers at major companies and trade groups say they do not expect the supply chain to return to normal until 2024 or after, according to a new CNBC survey.
Jon Gold, vice president of supply chain and customs policy of the NRF, said the administration has taken steps to address the supply chain challenges. "The carriers have arbitrarily imposed such charges on customs brokers, even though we may not have had any role in booking or managing the transportation," he said. "The survey provides data supporting the imperative for the Federal Maritime Commission to advance its proposed rule to end this unreasonable carrier practice.
Nate Herman, AAFA's senior vice president, of policy told CNBC the problems that created the supply chain crisis are far from over.
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