black swan event

What happens if we get a severe recession in 2023?

Jim Meil, ACT research with hands raised

COLUMBUS, Ind. — Soft landing. Hard landing. Mild recession. What if none of those outcomes come to pass and the nation is thrust into a severe recession in 2023?

It has to be among the possibilities, according to Jim Meil, ACT Research principal for industry analysis, who served as vice president and chief economist at Eaton Corp. for 30 years.

As Fed watching peaks heading into Friday’s meeting at Jackson Hole, Wyoming, Meil said he puts the little-discussed chance of a severe recession at...

https://www.freightwaves.com/news/what-happens-if-we-get-a-severe-recession-in-2023

Supply chain technology – necessary, and a good career option

container terminal

Do you want to help companies adapt to climate change? Go into supply chain technology.

Supply chains work best when they have predictability. One of the biggest risks caused by climate change is how unpredictable everything becomes. Sourcing, infrastructure and transportation will all require more agility and redundancy in the future.

Supply chain technology firms are building solutions to help companies adapt to the black swan events that seem to be occurring more often. For students looking...

https://www.freightwaves.com/news/supply-chain-technology-necessary-and-a-hot-career-option

White Paper – Stress Testing Transportation Forecasts

The first half of 2020 has been the most significant stress test global supply chains and transportation networks have experienced since War World II. Even the financial crisis of 2008/2009 cannot compare to large swaths of the economy being either forcibly or voluntarily shut down at once to slow the COVID-19 pandemic. The stress tests are likely to continue as the global economy will probably stop and start again, depending on regional infection and transmission levels of COVID-19.

In this...

https://www.freightwaves.com/news/white-paper-stress-testing-transportation-forecasts