The COVID-19 pandemic was supposed to put the final nail in the coffin of globalization and prompt a retreat into a new era of protectionism. Instead, some are now calling the crisis the Great Accelerator.
The strength of trade activity in recent months is giving a lifeline to the recovery, though the situation remains fragile as the world awaits developments in the race to get a coronavirus vaccine.
John Scannapieco, chair of the Global Business Team at the law firm of Baker Donelson, addresses potential changes in U.S. trade relations and regulations on multiple fronts.
The chief executive officer of the world’s biggest container shipping company says trade relations between Europe and the U.S. will probably become more “collaborative” under the presidency of Joe Biden.
British businesses are racing to secure extra storage space as the risk that the country leaves the single market at the end of the year without a trade deal threatens their supply chains.
Paul Asel, managing partner with NGP Capital, offers a venture capital perspective on the current state and long-term promise of the logistics industry.