UPS and Prologis executive leaders highlight logistics challenges amid the pandemic - Logistics Management
A keynote session at the “Groundbreakers 2021: Breaking New Ground” conference hosted by San Francisco-based real estate investment trust company Prologis this week touched upon both the pain points and the opportunities that the Covid-19 pandemic has created for the supply chain.
The session featured Prologis CEO Hamid Moghadam and Carol Tomé, CEO of Atlanta-based global transportation and logistics bellwether UPS, two leading industry executives. And they both talked about the impact of the ongoing global supply chain issues on their respective companies.
Tomé said that UPS delivers small packages to 2% of the world’s GDP and 6% of the United States’ GDP on a daily basis, but the pandemic, she said, brought about a steep change in demand.
“We were flooded with volume that we did not expect to see until 2023,” said Tomé. “A year ago, we had to hire 40,000 people into our network to handle that demand, in the face of Covid and keeping everyone safe. The supply chain issues are real. If you go upstream, not downstream, which is where we play, from raw materials to manufacturer, with so much of that outside the U.S. and then flowing into the U.S., you see [things] really jammed up.”
A keynote session at the “Groundbreakers 2021: Breaking New Ground” conference hosted by San Francisco-based real estate investment trust company Prologis this week touched upon both the pain points and the opportunities that the Covid-19 pandemic has created for the supply chain.
The session featured Prologis CEO Hamid Moghadam and Carol Tomé, CEO of Atlanta-based global transportation and logistics bellwether UPS, two leading industry executives. And they both talked about the impact of the ongoing global supply chain issues on their respective companies.
Tomé said that UPS delivers small packages to 2% of the world’s GDP and 6% of the United States’ GDP on a daily basis, but the pandemic, she said, brought about a steep change in demand.
“We were flooded with volume that we did not expect to see until 2023,” said Tomé. “A year ago, we had to hire 40,000 people into our network to handle that demand, in the face of Covid and keeping everyone safe. The supply chain issues are real. If you go upstream, not downstream, which is where we play, from raw materials to manufacturer, with so much of that outside the U.S. and then flowing into the U.S., you see [things] really jammed up.”
