ZH: CEOs discussing Fed policy on Earnings calls soars to record
ZERO HEDGE reports: The July FOMC meeting confirmed Powell and company are inching closer and closer to embarking ...
F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMERED
F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMERED
Zero Hedge writes:
The complex web of seaports, container ships, and trucking companies that move goods worldwide remains deeply tangled.
More than 18 months since the virus pandemic forced governments to shut down their economies and, in return, disrupt global supply chains. The emergence of the Delta variant has metastasized into more logistical hell for shippers.
Bloomberg spoke with companies on the front line of production and transportation to gather intel of what was happening on the ground. What they discovered was increasing supply chain disruption that will persist through 2022.
“We do not expect freight rates to stabilize in the near term,” according to Karsten Michaelis, head of ocean freight at DHL Global Forwarding Asia Pacific.
“The combination of a year of disruption, lack of containers, port congestions and a shortage of vessels in the right positions is creating a situation where cargo demand far exceeds available capacity.”
Michaelis said his customers had been given alternative routes and modes of transport to navigate the turmoil. “We have to be prepared that costs will stay at elevated levels and are not expected to go back to pre-Covid levels,” he said…
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