Tag: shipping
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2021.10.08The Effects of Supply Chain Crises: What to Expect Short and Long Term
A lot of things have happened over the past two years that have affected shipping freight rates. There was, of course, COVID-19, but also trucker shortages, chassis shortages, equipment shortages, a vessel space crunch, the 2021 Suez Canal incident and its aftermath, the Yantian and Ningbo port closures, typhoons in Asia, blank sailings, shorter […]
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2021.05.14MAERSK PLANS FOR FUTURE GROWTH WITH NEW INVESTMENTS THAT WILL AFFECT LOGISTICS
THIS WEEK, SHIPPING GIANT MAERSK ANNOUNCED IT PLANS FURTHER TRANSFORMATIONS AS IT SEEKS TO RE-SHAPE LOGISTICS. In a presentation to its investors, Maersk confirmed its intention to become more involved in different areas of shipping and logistics than the shipping giant’s main focus to-date: ocean shipping. The company’s goal is to become a leader in […]