Cardboard-Box Shortage Is Latest Disruption to Global Shipping
- International Paper CFO says supply chain is “very stretched”
- CEO sees labor shortages, plant disruptions easing in 2022
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The latest hurdle to shipping goods in a world gripped by pandemic-driven supply chain disruptions is a shortage of cardboard boxes, according to one of the world’s biggest makers of the material.
The supply chain is “very stretched” and making and shipping high-demand packing materials to customers is expected to remain tough in the first quarter of 2022, International Paper Chief Financial Officer Tim Nicholls said Thursday on an earnings call.