Maritime shipping still on troubled waters
The international shipping market has once again destabilized, with no real signs of relief.
The international shipping market has once again destabilized, with no real signs of relief.
Now that the supply chain “water line” has been largely but not entirely cleared, weakened demand and a strained economic environment have created a “recipe for the slowdown,” said OptiX executive Buddy Sexton.
Throughout its successful, 20-year history, Acuitive Solutions has taken the road less traveled by not trying to be all things for all customers.
A quickly changing retail landscape has sparked interest in more innovative shipping models, including bypassing domestic warehousing with direct-from-origin options.
Phased reopenings are contributing to an uptick in business for foodservice providers. This comes alongside plant-based dairy and protein manufacturers’ push to grow internationally.
U.S. retailers face two options: selling at a discount in the domestic market or going online to sell globally.
17 years ago, the SARS outbreak topped the list of concerns for the international shipping industry.
Volumes took a nosedive after the tariffs increased and are starting to recover slightly, but the damage may already be done.
There’s nothing done at large scale today. That’s just not reality. There’s still more questions than answers. But what is being done, and how?