- The supply-chain crisis turned one man's quick shopping trip into "multi-hour odysseys."
- Historic delays at ports and across the
transportation industry have spawned majorshortages .
A global supply-chain crisis has emptied shelves, creating a cascading effect of shortages and price hikes that have become increasingly difficult to pin to a single item.
During an everyday errand run, The Atlantic staff writer Derek Thompson said that he found that snarls in the global
The shopper went to a CVS, whose at-home COVID-19 tests and paper towels had sold out. Then he went to a Walgreens that had run out of everyday prescription medications, as well as a Target, whose ransacked shelves were "alarmingly barren, like the canned-food section of a grocery store one hour before a hurricane makes landfall."
Thompson's plight - read his full account here - represents a common scenario in US
What's more, the crisis shows no signs of easing anytime soon. Last month, two of the largest ports in the US hit multiple all-time records, as over 60 hulking
It's not one issue plaguing the supply chain, in what Thompson calls a "hydra of bottlenecks." Backlogs at the ports have also spawned delays at warehouses, railways, and across the trucking industry.
The amount of time, as well as the amount of money, it takes to ship an item to travel from Asia to its final destination in the US has more than doubled in the past year and experts are sounding the alarm. In September, multiple executives warned customers should brace for continued shortages and price hikes into 2023.
The holiday season is boosting demand at the same time the entire supply chain is struggling to combat COVID-19 shutdowns, equipment shortages, and low worker levels. Companies from Nike to clothing brands and toy makers have told customers that their products will be more difficult to find this holiday season, as supply-chain experts say the holiday shopping season will look different this year.