2024 Predictions for Industry and Global Supply Chains- Prediction One
Supply Chain Matters
JANUARY 3, 2024
As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7
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