August Covid Update: Global Supply Chain Edition
August update for COVID-19 impact on the global supply chain. Read to see the newest policies and restrictions implemented by each country. Countries covered in this update is as follows: China, Indonesia, Vietnam, Australia, Honduras, Argentina, & Pakistan.
Record Shipping Rates Amid Low Demand?
Global demand isn’t exactly booming at the moment with only a 4% growth compared to 2019, but shipping rates remain sky high. According to Lars Jensen, CEO of Vespucci Maritime, “global demand… [is] not a problem now.. The problem right now is predominantly one of capacity.” Congestion is choking out capacity as carriers…
Global Top Freight Forwarders of 2021
As the peak shipping season rapidly approaches, freight forwarders everywhere are gearing up in preparation. With the global freight forwarding market cap currently valued at $190 billion dollars, the competition is cutthroat. So let’s review who are the top freight forwarders around the world as of 2021.