Shipping lines in financial trouble pose a risk to our supply chains, claim shippers
Major shippers are calling on shipping lines to develop a greater range of services and claim carriers experiencing financial difficulties pose a huge risk to their supply chains.
Rolf Niese, until recently head of logistics operations at British American Tobacco, told delegates at the TOC Container Supply Chain event that many shippers had “celebrated” the lowest freight rates seen in living memory.
But he added that the recent surge in consolidation in the sector presented huge challenges to those operating global supply chains.
Source: The Loadstar