The pandemic emergency that arose in the beginning of 2020 caused lot of problems, amongst the most widely known : supplychain bottlenecks and economic slowdown of the global economy.
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Even if seems that OPEC want to increase production, we must wait to see if it will happen, because increasing the supply would not necessarily fulfil the demand.
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There are already only 11 weeks left till Christmas, the days are getting shorter and so are the supply of trucks on the road.
There are several factors that anticipate more difficult times ahead for enterprises.
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COVID-19 has had a broad impact on our lives.
One of the most clear effects, as many of you already know, are supply chain disruptions.
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For people that are not familiar with the term BDI (Baltic Dry Index), here is brief explaination : "the BDI is a composite of the Capesize, Panamax and Supramax Timecharter Averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether".
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Filtering action at the Verona Nord motorway station. "Carlo Costa, General Technical Manager of Autostrada del Brennero, explains: "We took immediate action to protect the safety of travellers.
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Container shipping firms are locked in a “significant bottleneck” as resurgent global demand stretches capacity and drives up freight rates, Maersk CEO Soren Skou told CNBC Wednesday.
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Thousands of stranded truck drivers at the British port of Dover vented their anger Wednesday as they struggled to access coronavirus tests, after France agreed to ease a blockade despite fears over a new Covid-19 variant.
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