TOC Asia 2021

TOC Asia 2021 : Opinions on Sustainability And Digitalisation

CMA CGM Asia Pacific CEO Stéphane Courquin reflected on the pandemic and gave insight into CMA CGM’s opinions on sustainability and digitalisation at TOC Asia 2021, reports container-mag.

Effect of COVID-19 Pandemic

Speaking at a webinar during the event, Courquin noted how the COVID-19 pandemic made the limitations of just-in-time shipping and zero stockholding practices known.

Manufacturers and shippers have begun relocating their factories and regionalising production flows as part of risk...

https://mfame.guru/toc-asia-2021-opinions-on-sustainability-and-digitalisation/

US consumer demand for services not goods will keep freight rates high

Consumers in the United States, and the country’s low retail inventories, could keep freight rates elevated, even post-pandemic.
According to Alan Murphy, CEO & partner at Sea-Intelligence, a resurgence of consumer spending on services in favour of physical goods, won’t necessarily put a dent in the record freight levels seen during the Covid-crisis.
He said, during today’s TOC Asia webinar: “When US consumers can move their spending back to services, they’ll take …

The post US consumer demand...

https://theloadstar.com/us-consumer-demand-for-services-not-goods-will-keep-freight-rates-high/

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