Parcel Monitor: A Look at Supply Chain and Logistics in 2021

(Image Source: Parcel Monitor)

2021 was a year marked by countless challenges and tremendous transitions for those in the supply chain space. On top of the ongoing impacts of COVID-19, there were additional issues ranging from labour shortages, logistics impediments to port congestion and energy crises. Now that we have settled into the new year, the time has come for us to look back on the key learnings and observations of 2021.

According to Parcel Monitor, one of our media partners, the supply chain crunch has affected the world of freight and logistics in multiple ways:

1. Growth rate of air freight market surpassed that of sea freight
2. E-commerce growth around the world stabilised
3. Transit times improved in most countries

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