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.
While e-commerce has fueled demand for packaging, pandemic-related labor shortages and shipping constraints are also making it harder to make and deliver the boxes used to carry everything from food to consumer goods.
“What we’ve got is a fair amount of demand and orders but the inability to get it made or get it shipped,” Chief Executive Officer Mark Sutton said. “Shipments will be choppy in January and most of February.”
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