Industry starting to reap benefits of AI – but risks grow alongside
2024 is the year organisations will begin deriving business value from AI, according to consultancy ...
McKinsey has published a thorough article on the shipping and ports industry. While it notes many of the usual contradictions – bigger ships and greater investments by ports, but in a softer market – it has also talked to shippers. Shippers enjoyed $23bn in savings between 2010 and 2015, but they are still not happy. Why? Because the service is poor. Shippers also claim it is the carriers driving down rates, not them and that they’d pay more if the service improved and if ...
European port congestion now at five-to-six days, and getting worse
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