CorporateDispatch Pro - Edition 25

Page 25

Corporate DispatchPro The big question facing the industry is how long this situation will persist. A survey carried recently among a group of global logistics leaders found that less than 40% could foresee improvement by the end of next year. The rest, look beyond. And even if by then the distribution issue gets better, there is no guarantee that freight rates will normalise soon, with shipping companies facing a gigantic task in decarbonising their huge vessels as the world pushes the carbon-neutral agenda on the industry. With such a perfect logistics storm engulfing the world, disruption might be here to stay for a long time, and with businesses already considering how regional or local supply chains may be more resilient in such turbulent times, it might be high time to ask whether the biggest loser from all this drama is going to be globalisation as we know it.

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CorporateDispatch Pro - Edition 25 by The Dispatch Media - Issuu