Six Types of Shipping Crisis — And What They Mean for Freight Procurement

AI Summary

The article discusses various types of shipping crises and their effects on freight procurement. It examines how disruptions, such as pandemics and strikes, challenge traditional tendering strategies in a volatile market environment.

Disruption is familiar. The market’s response to it no longer is. Here’s why traditional tendering strategies break down in volatile conditions — and how real-time intelligence helps shippers contract smarter. Shippers have become remarkably good at managing disruption. Pandemics. Port congestion. Red Sea diversions. Capacity crunches. Strikes. Blank sailings. After years of near-constant volatility, most ...