Logistics Update Q1 2021

Proximity to suppliers & customers key factor in company expansions

Drivers

  • E-commerce continued to remain strong. Proximity to suppliers, customers and available labor continued to be a key factor for companies considering where to expand their operations.  

Drawbacks

  • Shipping container shortages and limited air freight capacity continued to disrupt supply chains and be key factors in manufacturers and consumers experiencing both delayed shipping times and high shipping costs.
  • Truck driver shortages continued to be a concern for logistics companies.  
Tami Petsche
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Tami Petsche
Vice President, Business & Economic Growth
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