Newsweek #41: The Vertigo

If there is one thing the post-pandemic reality has taught the market players then it is to be ready for unexpected disruptions (or at least try to). Although the industry had experienced a significant drop in Asian congestions and spot rates, it was soon topped with elevated bottlenecks in North Europe and new records in the US ports. The UK, being the new epicenter of the blockages, seems to be finally making the needed steps towards solving drivers shortages. Despite that the companies are still waiting for the government to stop pulling the cat by the tail, the authorities have introduced  new measures regarding the cabotage movement that will provide short-term relief. Meanwhile, companies keep looking for alternative ways to charter their vessels in an attempt to deliver their goods on time. 

Airfreight is still turbulent and as more talks about the future of it arise, it becomes obvious that even if the new services are introduced, it is the lack of qualified manpower that slows down the recovery. The same is true for intermodal. Some companies go as far as introducing networks between rail and rivers, but will it make sense if there is no one in the workplace? The strike in Italy temporarily causes new troubles. Sign up on MAXMODAL to receive the latest news updates.