OX: Rates soar, yet seaborne trade landscape changing long-term
Looking ahead
Just back from Mexico City, a trip originally planned for March/April 2020 but delayed by the pandemic. Thus, we are dropping the medals this week in favour of a market report.
Following the pandemic and geopolitical shifts, the country has gained greater importance to supply chains. In any concept of “nearshoring” or “friendshoring” of American importers, Mexico plays a vital role today. In addition, the deviation of vessels to Mexican ports during the days of clogged US west coast terminals, has ...
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