• Sea Freight Industry and its Road Ahead

  • Mar 26 2024
  • Length: 15 mins
  • Podcast

Sea Freight Industry and its Road Ahead

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  • Summary

  • The #SeaFreight industry has faced numerous disruptions in recent years. These disruptions have not only transformed the industry itself but also had a global impact. How can shippers proactively prepare their supply chains to mitigate the effects of such incidents on their businesses? In this “Shipping Insights” podcast episode, our host, Sara Vollmer, and her guest, Michael Aldwell, Board Member of Sea Logistics, explore the repercussions of these recent disruptions. They delve into both the challenges and opportunities arising from these forced transitions. Key topics of this episode are: The path ahead for the sea freight industry and for Kuehne+Nagel, how the delicacy of supply chains became visible due to the disruptions and how to plan resilient and agile supply chains in current conditions. Recorded in March 2024. Details: (01:28) Michael talks about what the sea freight industry means to him and briefly describes his role at Kuehne+Nagel. (02:41) Sara and Michael discuss how Kuehne+Nagel has always evolved with time, sharing what they see in the road ahead for Kuehne+Nagel and the industry. (05:03) Sara asks Michael about the disruptions and their impact, and he responds by sharing his perspective on the delicate system of the supply chains and how this delicacy has become more visible to us in the past few years due to the disruptions. (07:43) Sara brings up nearshoring, and they discuss how companies with a single sourcing strategy might experience such changes in their supply chains. Michael points out the advantages of such changes and their benefactors. (10:14) Michael talks about the big decisions companies must make and how they can ensure a more agile and resilient supply chain. (11:33) Sara and Michael discuss TPM 2024, and Michael shares his expectations and mentions what TPM means to Kuehne+Nagel. (13:07) Michael shares his advice for shippers and points out the importance of having agile, resilient supply chains.
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