The Q2 supply chain forecast is unfolding against a backdrop of heightened geopolitical tension, shifting trade alliances, and evolving regulatory landscapes. For freight forwarders, this quarter demands more than routine planning. It calls for close attention to global developments that directly influence shipping routes, freight rates, and cargo flows. From regional conflicts to trade policy…
The unexpected warming of the eastern Pacific Ocean, commonly known as the El Niño phenomenon, has joined the constantly increasing list of climate-induced weather events disrupting the global ocean freight shipping industry. Experts in maritime analysis suggest that the emergence of El Niño, a naturally occurring phenomenon that typically recurs every two to seven years,…
Currently, the supply chain industry in the US is facing a massive disruption because of the shortage of truck drivers. Since the start of the pandemic in 2020, over 6% of truck drivers quit their job and presently this industry requires at least 80,000 new drivers. According to the American Trucking Association, the road freight…