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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

However, the world is currently facing a significant economic slowdown, and this downturn is having profound effects on container shipping operations around the globe. For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% increase from 2020. The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021.

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Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. The shipping ecosystem is ever-changing. However, the efforts to slow down inflation in the U.S.

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Analysis on 2021 Container Shipping Delays

ShipLilly

Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. Examples of the sought-after perks include guaranteed space, sure-deal equipment, more space on the ship, and finally the ultimate prize of expedited processing. The statistics are startling.

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Navigating the Future of Automation: Using AI to Alleviate Port Congestion

MTS Logistics

Port congestion poses significant challenges to global supply chains, maritime trade, and overall economic efficiency. In this article, we’ll explore how these technologies can make a difference and enhance port operations. In this article, we’ll explore how these technologies can make a difference and enhance port operations.

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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

It was initially established in 1937 after a strike that started in 1934 and the union has a contract with the Pacific Maritime Association that covers 29 container ports and 15,000 dockworkers. For example, for a small container ship between 0 and 4,000 TEUs, the unloading and loading time is three times higher than the most-efficient port.

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Where the Next Conflict Could Be and How It Could Affect Your Shipments

MTS Logistics

One major example is semiconductors. S&P Global created an index considering political, economic, legal, security, tax and operational risks, as categories. Per their analysis for the last 15 years, the risk level went up from 2.0 There was an interesting discussion regarding the world’s risk level as well.

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Decarbonise UK Freight Transport Sector

Logistics Business Magazine

The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.