Watch: A permanent change in container shipping for automotive
Capacity, lead time and cost issues in container shipping have disrupted automotive shippers, and long-term structural changes in the sector will lead to new supplier relationships, according to Drewry.
In the wake of the pandemic, container shipping has seen considerable disruptions to sailing schedules, misaligned equipment and significant rises in both spot and contracted rates. The blockage in the Suez Canal was the icing on the cake of a challenging start to the year. According to Philip Damas from Drewry, there is light at the end of the tunnel – however, there have also been structural changes to container shipping that will be significant for those shipping automotive parts. Now is the time for manufacturers, forwarders and shipping lines to transform their partnerships.
Philip Damas, Managing Director - Head of Supply Chain Advisors at Drewry Shipping Consultants
Moderated by Christopher Ludwig, Editor-in-Chief at Automotive Logistics and Ultima Media
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