Remove BRIC Remove Food Remove Shipping Remove Transportation
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Trends in Sustainability: Deglobalization will accelerate in 2024

Freightera

Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well.

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Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! ordered Hanjin to keep vessels in the U.S.

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Made in America: What it Means to the Country

GlobalTranz

Even more, that 12 million figure doesn’t include the jobs created in the transportation of components and finished goods. Just the shipping by boat contributes five percent of world pollution. We’ve received radioactive steel, toxic dog food and poisonous flooring products. Most, if not all, are paid a comfortable wage.

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