Supply Issues Will Go Well Into 2022

The video discusses the ongoing supply chain issues exacerbated by the pandemic, highlighting labor shortages in transport sectors like shipping and trucking. It emphasizes the need for government intervention and industry investment to address these challenges. The discussion covers the sources of labor, the resilience of supply chains, and the potential changes in supply chain management. The impact of air cargo dynamics and the shift towards decarbonization are also explored, with a focus on how these changes affect consumers and the industry.

What is one of the main reasons for the shortage of transport workers?

• High salaries in the industry

• Overabundance of workers

• Lack of interest in transport careers

• Excessive government regulations

What is a short-term solution to ease congestion problems in transport?

• Reducing working hours

• Implementing detailed protocols

• Increasing salaries for workers

• Building more ships

From which countries do many sailors and seafarers originate?

• United States and Canada

• Australia and New Zealand

• Philippines and Indonesia

• Brazil and Argentina

What model's fragility has been exposed due to recent supply chain issues?

• Just-in-time model

• Bulk storage model

• Outsourcing model

• Lean manufacturing model

What percentage of air cargo typically goes by scheduled passenger flights?

• 25%

• 45%

• 60%

• 80%

What is a potential consequence of using green fuels in shipping?

• Reduction in shipping volume

• No change in consumer prices

• Increase in shipping rates

• Decrease in shipping costs

How does an increase in shipping rates affect the cost of individual items?

• It has no effect

• It decreases the cost

• It has a marginal effect

• It significantly increases the cost