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This decade has faced unprecedented supply chain disruption. The future calls for a supply chain focused on data-driven risk mitigation. But what does the future hold for Chinese imports following a slate of new and higher tariffs?
According to a recent study, the top 10 domestic maritime ports registered increased container volume in Q1 2024 compared to Q1 2023.
The U.S. may be facing imminent drug shortages akin to Japan should increasing costs and aging populations continue to rise without rapid integration of advanced technologies, consistent quality, and collaboration across the supply chain.
Furthermore, the Logistics Hall of Fame Trend Survey reports a majority of transport and logistics companies rate the risk of financial loss due to the effects of climate change as medium to high; for this reason, 75% of the companies surveyed have already invested in sustainability-related areas of responsibility based on ESG criteria.
—Tyler Fussner