Economy Tag
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Disruption across global supply chains has always been present, but the ongoing pandemic has magnified the risks supply chain leaders face, while simultaneously limiting response options in an already high-pressure environment. The past year has opened the door to many risks—and

Order volumes grew for 79% of third-party logistics (3PL) providers in 2021, but that growth was tempered by inventory availability and disruptions that cost the U.S. economy $228 billion, says a report from 3PL Central. Disruptions, technology innovations, and consumer demands

Readers look back at a volatile 2020 and 2021 and summarize the supply chain lessons learned. The fragility or brittleness of a global marketplace so deeply dependent on just-in-time inventory. Any event, whether a pandemic, hurricane, or a container ship stuck

It seems that 2022 will once again be a year of cargo charter flights for freight forwarders. James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022. He highlighted ongoing issues in ocean shipping,

As the industry battles with the latest wave of disruption from Covid-19 traditional thinking and practices are becoming redundant, if not outright liabilities, writes Ian Putzger. The Omicron virus may be less deadly than prior variants of the virus, but it

Strong air cargo rates are set to continue but capacity and ground handling challenges will continue. This was the takeaway from the World Cargo Summit’s Air Cargo Market Update & Outlook, which focused on the market outlook for 2022 and beyond,

With 2022 off to a busy start, Air Cargo News caught up with a range of companies to find out what their expectations are for the coming 11 months. Damian Brett reports. Around September last year, the air cargo industry was

A potential invasion of Ukraine by neighboring Russia would be felt across a number of markets, from wheat and energy prices and the region's sovereign dollar bonds to safe have assets. Below are four charts showing where a potential escalation of

The air cargo market in Asia remained resilient in November with volumes continuing to grow compared with 2019 levels. The latest statistics from the Association of Asia Pacific Airlines (AAPA) show that during the month cargo demand at the region’s airlines

Imports at the United States’ major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global Port

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