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The Potential Impact on Shipping of a Global Recession

Intelligent Audit

In a fairly ominous report sent out this week, Morgan Stanely stated that “Global recession in 2020 is now our base case.”. Shipping, especially global shipping, is uniquely vulnerable to recessions and the effects of the downturn of 2008-2009 are still being felt today. Projections of Economic Impact of CoronaVirus.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. higher than 2020. Material Handling & Logistics ). Chain Store Age ).

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Synthetic Data and Natural Results

Enterra Insights

Science writer Anjana Ahuja ( @anjahuja ) reports, “In an algorithm-driven world where data is king, one misstep can lead to a royal mess. Netflix discovered this in 2009 when it released anonymized movie reviews penned by subscribers. ” Shaked adds, “AI/ML models are starved for data. Footnotes. [1]

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Is Cyber Monday Still a Thing?

Enterra Insights

The digital path to purchase was still just a lightly trodden path for most consumers; however, things have changed. In 2009, although sales continued to increase, the jump was not as large — 5% to $887 million. 3] McGrath reports sales in 2018 surpassed the $6 billion mark and 2019 pressed the $8 billion mark ($7.8