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The Potential Impact on Shipping of a Global Recession

Intelligent Audit

The question now is what will the impact of such a recession be, particularly on shipping. In a fairly ominous report sent out this week, Morgan Stanely stated that “Global recession in 2020 is now our base case.”. What Happens to Shipping. Which, in turn, will drastically impact shipping.

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Achieving enterprise-wide adoption of supply chain risk management

Resilinc

In the first half of 2020, Resilinc supported its customers in responding proactively to the massive global supply chain disruptions that were occurring. The unprecedented supply chain disruptions caused by COVID-19 provide potent arguments for supply chain pros seeking greater support of SCRM from C-level leaders.

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).