Supply Chain Resilience: Navigating Uncertainty

Global events, such as geopolitical tensions, natural disasters, and recent incidents like the one in Baltimore, are affecting container shipping. Businesses face the challenge of managing risk in their freight procurement strategies amid these uncertainties. Flexibility in adjusting contract lengths or delaying signings is crucial amidst market unpredictability. Leveraging data-driven insights and prioritizing predictability and reliability are essential steps in restoring resilience.