Shipping Disruptions in Red Sea Require Supply Chain Adaptations Amid Rising Costs and Uncertainty
- Red Sea situation expected to persist, requiring supply chain adjustments like longer transit times and alternative ports
- Prepare for rising costs and volatility, quantify potential shifts
- Maersk adding capacity with extra vessels, pursuing 2025 ocean network cooperation with Hapag-Lloyd
- Integrated logistics solutions can provide flexibility amidst volatility
- Key updates on Europe, Asia Pacific, Panama Canal, Mexico, air freight, upcoming TPM24 event