Comment / On the wires: Existential threats – supply chain near-shoring & geopolitical risk

The post Covid-19 world could be a very uncomfortable place for a raft of transport and logistics players, as anecdotal and empiric evidence of a shifting pattern towards near-shoring is emerging.

If you trust the bears, headwinds of all sorts are building across multiple modes of transport and verticals, with road and rail likely to benefit but air and ocean freight the obvious casualties.

Take yesterday’s note from UBS, headed: “UBS Evidence Lab inside: Covid-19 a catalyst for supply chain localisation”.

Here is a key ...