While two years may seem like ample time to prepare, the reality is that it takes careful planning and multiple steps to implement advanced track and trace technology.
When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.
The attack is the most recent sign of a fresh bout of Somali piracy in the Indian Ocean, coinciding with a slew of attacks on merchant shipping in the Gulf of Aden and the Red Sea.
A select number of ocean carriers and shippers are racing to meet decarbonization goals for international transportation over the next few years. And they need help.