DP World announces 'transformative' expansion plan for Caucedo hub
Global terminal operator DP World is set to plough some $760m into its Caribbean transhipment ...
Despite efforts by shippers to shorten supply chains and induce a near-shoring shift, the structure of globalisation has prevented this from happening, according to time critical suppliers.
Director of Priority Freight Stuart Stobie told The Loadstar he was aware of shippers engaging tier-one suppliers to shorten supply chains.
“Globalisation, though, makes this very hard as it says to shippers ‘you want to have a link with all the major markets’,” said Mr Stobie.
“When it comes to automotive – a sector we are particularly present ...
European port congestion now at five-to-six days, and getting worse
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