What's Happening?
A survey conducted by Maersk indicates that four in five European cargo owners expect supply chain disruptions to persist for at least two more years. The survey, which gathered feedback from over 900 companies, highlights concerns over geopolitical tensions,
trade tariffs, and global regulations. Many businesses are responding by diversifying their sourcing strategies and strengthening relationships with logistics partners to mitigate risks.
Why It's Important?
The prolonged disruptions in supply chains could have significant implications for global trade and logistics, affecting costs and operational strategies for businesses. Companies are increasingly investing in flexible operations and alternative trade routes to adapt to the changing landscape. This shift may lead to long-term changes in how businesses manage their supply chains, emphasizing resilience and adaptability.
