This has been a devastating year thus far in terms of natural disasters, with virtually every region of the U.S. feeling the effects of some type of weather-related catastrophe. And it has been especially true for the energy logistics space in the wake of Hurricane Ida.
The damage to offshore platforms and pipelines was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable.
Consumer and corporate expectations around visibility, agility, and flexibility have shifted. We’ll never be able to transition back to opaque processes, PDFs, and Excel spreadsheets.
Marc Gilbert, managing director of the Industrial Goods and Consumer Practices of Boston Consulting Group, reveals the findings of the firm’s latest report on global trade growth, and discusses the factors that will shape the future of trade.