In the first seven months of 2021, cargo volumes between Asia and North America were up by 27% compared with pre-pandemic levels.

U.S. business costs, buffeted by a COVID-decimated year of “chaos” worldwide in 2020, fell 4% to $1.56 trillion. That amounted to 7.4% of Gross Domestic Product (GDP), nearly an all-time low, according to a new authoritative report on the logistics sector.

Backed up ports and the Suez Canal fiasco are just surface problems. When things go wrong in this business, they go seriously wrong.

The delivery giant’s performance lags behind UPS, data show, as a pandemic-fueled e-commerce surge overwhelms its network.

Pressures on global supply chains are increasing and disruptions are likely to only get worse as summer approaches and the economy booms.