News Podcast | January 2023 | Europe: Freight demand tumbles as recession bites
This episode focuses on Europe where war, Covid, inflation and a cost-of-living crisis are taking ...
As the freight and shipping industry waits for China to unshackle its people and global trade from Covid-19, Mike King looks not only at what might happen on key tradelanes in the weeks and months ahead; he also explores whether global supply chains, as we’ve known them, are now finished? Is a fundamental reset on the way? And, if so, who will be driving it?
We also look at the build-up to the peak shipping season, air cargo freight rate updates, a look at the preparedness of US surface transport, and the latest regulations covering the vast business that is the global illegal wildlife trade.
Dennis Grady, vice president for ocean product at Ascent
Peyton Burnett, managing director of TAC Index
Craig Fuller, founder & CEO at FreightWaves and Flying
Philippa Dyson, coordinator of transport sector engagement at TRAFFIC, a leading non-governmental organisation working globally on trade in wild animals and plants in the context of both biodiversity conservation and sustainable development
Episode in more detail
The end of globalisation? (3.37)
Will China remain a reliable partner? (7.26)
The air cargo market (12.00)
Who is paying for spiking jet fuel prices? (16.56)
The re-regionalisation of supply chains (21.00)
A pre-peak season surge? (27.31)
Freight and WFH (37.33)
The winners from a trading reset (41.00)
Complicity and the illegal wildlife trade (45.00)
New IMO rules (52.49)
Air cargo steps forward on smuggling (57.02)
Ascent solves supply chain challenges for thousands of customers worldwide. With over $2bn in revenue and a dedicated team of 1,000+ industry experts in 21 locations across North America, Ascent is a recognised supplier of the year for multiple Fortune 500 companies as well as a partner to thousands of small and medium-sized businesses. The company’s global reach, deep knowledge and innovative technology platform, PEAK, uniquely positions its team to flawlessly execute in delivering goods worldwide via all modes. Ascent’s #1 market share in the demanding US domestic ground and air expedite market has provided it with the foundation to handle even the most complex logistics challenges. Ascent’s offerings include truckload, less-than-truckload, global forwarding, air charter, specialised and expedited solutions. The company moves over 250,000 shipments annually through its competitive freight marketplace. For more information about the company, please visit Ascent’s website: www.ascentlogistics.com
Air freight rates data provided by TAC Index – helping clients make the best air freight decisions
Sea freight rates data provided by Xeneta – the shipping industry’s most accurate source of container rates