Newsweek #39: The Mass Disruption
What does it take to make a “perfect” storm? An ounce of congestion, a sprinkle (well, maybe a couple of dozens) of freshly increased spot rates, elevated shortages of everything one can possibly think of, and do not forget the inflationas the result, and serve it under a cocktail umbrella of darkness caused by Chinese power curbs. Voila, this has been the recipe of the events taking place in the recent week. The post-crisis reality consists of disrupted schedules and omitted ports, but companies embrace collaborations and acquisitions to maximize efficiency, expand their assets, and launch new services to ease the pressure off the overloaded ports.
Although the UK is on the right track of resolving drivers’ shortage, the measures are being implemented at such a slow pace that it throws shade on the possibility of dealing with the conflict efficiently whatsoever. Many experts are wondering the same question. Perhaps, intermodal has more to offer and it will be one of the pillars that will be at the foundation of the new “stability” in the future along with the advanced sustainable policies, and breakthrough technological innovations? Join MAXMODAL to follow the analysis and news digests on all the crucial updates on logistics and transportation markets.