Here is an interesting read in the Wall Street Journal as we await Asian markets to get all fired up
The article references the latest State of Logistics Report from the Council of Supply Chain Management Professionals (no, I hadn't heard of it either):
- logistics costs, from inventory to transportation, are at historic lows, the result of a continuing drive to tamp down supply chain costs since 2009
- But the report suggests that costs for everything from hiring truck drivers to storing goods are primed to rise
- Tight capacity and coming interest-rate increases will drive costs still higher
- If demand rises steeply ... and transportation companies haven't added capacity, "We're going to have a total massacre in freight pricing"
The article is ungated if you want to read more. It argues that a fed rate hike will spur inflation.
