Global Trade Shipping Update: Trends in Inbound, Outbound and Global Air & Ocean Cargo
We are a year into the COVID-19 pandemic, and delays continue to plague companies engaged in global trade, resulting in crippling congestion at ports worldwide. The pandemic has created a shortage of workers and a glut of inbound cargo caused by increased consumer demand. Further, fallout from the recent blockage of the Suez Canal is expected to cause further global shipping delays in the weeks and months ahead. These supply chain disruptions have caused frustration and have been costly as businesses are waiting longer for supplies and paying higher prices for workarounds to receive and deliver their goods. And the impacts of inbound delays have trickled down, resulting in reduced capacity and increased delays on outbound cargo as well.
Join us to hear from industry experts who will provide an update on global shipping, discussing the trends in inbound, outbound and global air & ocean cargo, as well as mitigation tips for managing delays and supply chain disruption.
Speakers include:
- Rich Roche, Vice President, International Transportation — Mohawk Global
- Kristen Morneau, Senior Advisor — Mohawk Global