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Better Days Are Ahead

Freight volume upswing, supply chain planning and transitions, and fewer trans-Pacific sailing cancellations will position the industry for emerging growth.

July 09, 2020  •  1 minute read

By Joseph Barry, President & Founder, CAF Worldwide

As we move halfway into 2020, I would have never imagined we’d be in the middle of a global health pandemic. Yet to believe we’ll emerge as anything less than stronger than ever is equally unfathomable.

Positivity, strength, and teamwork will once again guide us safely to solid shores. 

I previously mentioned why it’s important to stay positive despite volatile times. This still rings true, especially with light beginning to appear at the end of the tunnel.

Emerging Stability & Support

In late June, industry publication American Shipper reported freight volume upswing and continued improvements. It also noted the softening of 105 previously predicted trans-Pacific blank sailings. There were only 26 cancellations as of mid-June.

While we still have a long journey ahead, remaining positive and strong will sustain our industry through 2020 and beyond.

Thank you for supporting CAF Worldwide. Please reach out with any supply chain questions or needs. We will always be here for you, our valued customers and friends. 


The preceding blog was excerpted in part from the CAF Quarterly Forecast. For additional insights, please complete the form below to download the full Q3 2020 edition.

Quarterly Forecast

Download The Quarterly Forecast Now

Issue 8: July 2020

Featuring Insights from Customs Brokerage Expert and CAF Worldwide CEO Joe Barry, Trade Lane Notes by Director of Operations Torie Coleman, Thought Leader Commentaries, Apparel Industry Report, and more!

 

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Topics: Freight Forwarding, Global Economic Outlook, freight management logistics, Logistics and supply chain management

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