By Shefali Kapadia and Matt Leonard
The growth spurt in consumer spending that began last summer carried over into 2021, with knock-on effects to supply chains. Freight demand led to hikes in transportation prices and warehouse rents, alongside dips in capacity.
And near the end of the quarter, a global disruption occurred: The Ever Given became lodged in the Suez Canal.
The charts below illustrate the story of supply chains in Q1 2021.