Cargomatic’s Head of Strategy Weston LaBar appeared on Yahoo Finance Live to discuss issues facing the supply chain. Watch the interview here.
“I don’t see a line of sight where this ends anytime soon,” Weston told Yahoo Finance’s Jason Blikre. He also cited the rising popularity of e-commerce and demand for more infrastructure as contributing factors to the supply chain bottlenecks seen across the industry.
E-commerce has grown significantly in the past two years, which has changed the way retailers are shipping their products. Supply Chain Dive noted that this growing popularity has made way for more retailers looking at the middle mile are opting for LTL, or less than truckload shipping over long haul.
Cargomatic’s digital marketplace offers capacity at all of the top 20 ports in the continental U.S., including thousands of carriers. We also work with 4 of the top 5 importers in the country. Learn more about our drayage services here.
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