article thumbnail

The World’s Shippers Are Earning the Most Money Since 2008

Supply Chain Brain

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

article thumbnail

Will We See a Similar Downturn in the Market as We Did During the 2008 Shipping Crisis?

MTS Logistics

Today, we take a comparative look between the 2008 Shipping Crisis and the Shipping Crisis of 2020-2022. When the 2008 crisis hit, one could argue that it was the result of China’s Open Door Policy initiated by Deng Xiaoping. The post Will We See a Similar Downturn in the Market as We Did During the 2008 Shipping Crisis?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Moving the Mission with Courtney George

The Logistics of Logistics

In December 2008, the United States Senate agreed to a resolution that designated December 13, 2008, as Wreaths Across America Day. In December 2008, the United States Senate designated December 13, 2008, as Wreaths Across America Day.

article thumbnail

Driving the Mission with Graig Morin

The Logistics of Logistics

In December 2008, the United States Senate agreed to a resolution that designated December 13, 2008, as Wreaths Across America Day. In December 2008, the United States Senate designated December 13, 2008, as Wreaths Across America Day.

article thumbnail

China Spent $240bn on Belt and Road Bailouts From 2008 To 2021, Study Finds

Supply Chain Brain

The share of Beijing’s overseas lending directed to borrowers in financial distress increased from 5% in 2010 to 60% in 2022, according to the study.

Study 52
article thumbnail

No national shortage of diesel fuel

Commercial Carrier Journal

The Energy Information Administration announced last week that distillate levels are at their lowest point since 2008, but that was coming out of peak demand, and we're currently headed into increased demand.

Trends 132
article thumbnail

3PL Kitting Services: Should they be a Marathon or Sprint?

Amware Logistics and Fulfillment

After all, he’s dominated the 100-meter sprint since 2008. Who’s the world’s fastest runner? If you answered Usain Bolt, you’re right. However, if you answered Eliud Kiphoge, you’re also correct, because he’s the current world record holder in the marathon, an event Bolt wouldn’t be able to complete in, much less win.

3PL 177