Shipping trends and expected disruptions in 2025
Mike Short, President of Global Freight at CH Robinson, provides insights into the trends and potential risks shippers need to understand as they plan for 2025 in an increasingly disruptive transportation environment. With over 27 years of experience in global logistics and leading CH Robinson's global freight department, which handles approximately 6,000 air and ocean shipments daily, Mike has seen and experienced a lot in the logistics world. Mike believes that as the new year approaches, here are some key factors that shippers need to pay attention to: Also Read: Supply Chain Forecast 2025 As 2025 approaches, the global supply chain landscape is facing major changes. Global shippers are dealing with challenges such as changing ocean carrier alliances, new government administrations, possible port strikes and geopolitical conflicts. These events are already straining supply chains, and the situation is expected to intensify as we enter the first quarter. As global supply chains become increasingly complex, the most important factor in coping…
Flight disruptions in 2024
travel allowancesecond annual travel disruption report Shows that nearly eight in 10 business travelers globally experienced travel disruption in 2024, with 43% facing significant delays of more than an hour The survey results show that 78% of business travelers will be affected in 2024, and while the overall disruption rate is similar to 2023, the causes vary widely by region, with cancellations and strikes having a particularly severe impact on the European market. These insights are based on global research - commissioned Business travel management platform TravelPerk - Surveyed 4,000 business travelers in the UK, US, Germany and Spain, as well as third-party global aviation data. More than a quarter (27%) of business travelers have faced cancellations on business trips this year, while more than a fifth (21%) have experienced disruption due to weather events and transport strikes, 2024 research shows. Reasons for outages vary by region Regional data shows significant differences in the impact across markets. Business travelers in…
Managing supply chains through disruptions…
We have learned a lot of lessons managing our supply chain through Covid that should prepare us for any future disruptive events, such as the impending strike we may face by the Gulf and East Coast dockworkers, who, as far as we know, walked out of negotiations in June and have made little progress toward negotiating a successful new contract. The last time this danger occurred was in 1977. See also: Impact of impending strike on US container trade and supply chain Judging from the known information flow, there is a big gap between the two sides. The aircraft carrier industry does not want to be hit, but the possibility of it happening is very high. "If this strike goes ahead, the operational and financial consequences will be severe. Coupled with the current instability in global markets, this strike will cause disruption, damage and severe hardship to thousands of supply chains in the eastern United States, not to mention the…
Key measures to reduce railway disruptions in Ningbo
Container xChangeAn online container trading and leasing marketplace, A warning to the global container trade and leasing community of the serious consequences of the recent Yang Ming Marine container ship explosion YM Mobile The accident, which shut down one of the world's busiest container terminals, is expected to have major knock-on effects on global supply chains, especially on key trade routes out of Asia. See also: Dangerous goods container explosion causes fire at Ningbo Port; no casualties reported On August 9, 2024, a container carrying dangerous goods was YM Mobile The ship was moored at Ningbo Beilun Phase III Terminal at the time. The explosion involved organic peroxide materials, which resulted in the closure of the terminal until further notice. “As a result of this closure, the Port of Ningbo is no longer operating, which will exacerbate supply chain disruptions caused by Typhoon Gemi in July.” Christian Roeloffs, Co-founder and CEO of Container xChange. Christian Roelofs The urgent need to…
Wildfires, dementia, and disruptions: New challenges
The increasing incidence of wildfires has an impact on all kinds of activities, and according to research presented for the first time at the just-concluded Alzheimer's Association International Conference, wildfires are also having an impact on the health of our brains. By Michelle Russell This year's wildfire season in the western United States is still far from the peak of 2020, when the El Dorado Fire (above) and other fires made it the most destructive wildfire season in the past two decades, according to The New York Times. (Adobe Stock) As I write this, there are nearly 50 large wildfires burning across the Western United States, including the Park Fire north of Sacramento, which in just one week has grown to become the fifth largest fire in California history. Experts say record high temperatures across much of the West have led to "classic fire conditions." New York Times“Climate change is causing heat waves in the region to become more intense…
Maersk predicts trade disruptions to last until 2024
Disruptions to global trade caused by the conflict in the Red Sea are expected to last until 2024, a key indicator of the health of global trade, according to A.P. Moller-Maersk A/S. The announcement came as Maersk raised its financial guidance for the third time in three months as higher freight rates boosted the company’s profits. Also read: Red Sea risks escalate, Maersk adjusts surcharges On August 1, Maersk raised its forecast for earnings before interest, taxes, depreciation and amortization this year to between $9 billion and $11 billion, from a previous range of $7 billion to $9 billion. Analysts had previously expected an average of $8.76 billion, according to estimates compiled by Bloomberg. The Danish shipping giant had previously raised its annual profit forecast in May and June, citing the larger-than-expected impact of the Red Sea congestion on global supply chains. Maersk now expects the disruption to last until at least the end of 2024. According to Bloomberg research,…
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