Red Sea shipping disruptions would be much worse if not for these factors, logistics expert says

The disruptions caused by Houthi attacks on cargo ships in the Red Sea would be much worse were it not for the Lunar New Year holiday and the lingering effects of the pandemic, according to logistics expert Pawan Joshi.  

Joshi, the executive vice president of products and strategy at supply-chain platform e2open, said that pandemic-era macroeconomic softness means that shipping capacity is available. “We have got enough capacity,” he told MarketWatch. “Unless there’s a dramatic change in the capacity available or the demand…