The Heavy Lift Group Hosts 74th Annual Supply Chain, Logistics Conference
Companies from Africa, Europe, the US and Latin America offered strategies for steering through a challenging period of complex geopolitics, price volatility and supply chain congestion at a session of The Heavy Lift Group's (THLG) 74th Annual Conference.Moderated by Colin D'Abreo, VP Director Rhenus Project Logistics Global, panellist Iris Mueleians, Managing Director of Germany's Ried Group, told an international audience that customer priorities focused on securing local know-how to manage risk…
Drewry: Global Container Shipping Volume to Fall 1% in Response to Trump Trade Policies
Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies.That would be the third drop in global container shipping demand since London-based Drewry began recording that data in 1979. Container volumes fell 8.4% during the global financial crisis in 2009 and 0.9% in 2020 when the COVID pandemic was declared.The Trump administration's new policy includes blanket tariffs of 10% on goods from most countries and 145% ones on products from China. China and other countries have hit back with tariffs on U.S.
