Maersk eyes 'cut and run' moves as port congestion brings delays
*Edited at 10:45am on 12 February to include a response from PSA Singapore and Maersk* Maersk ...
As global leaders meet in Paris today to look at cutting greenhouse gas emissions and try to agree on new environmental targets, supply chain advisors have warned that rising temperatures will hit productivity in some of the world’s favourite sourcing locations.
Global risk consultancy Verisk Maplecroft recently released a report which predicts that labour productivity in south-east Asia – rapidly becoming a major global manufacturing hub – could drop by as much as 25% if temperatures continue to rise.
The company’s head ...
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