How Global Shipping Adapts to Crisis

The global shipping industry has recently faced several significant crises, including rebel attacks in the Red Sea and an unprecedented drought in the Panama Canal. These events underscore the instabilities brought to light during the COVID-19 pandemic.

Unveiling Vulnerabilities: Impact of Global Crises on Logistics

Let’s first look at the vulnerabilities amplified by the COVID-19 pandemic. In March 2020, shutdowns magnified the previously unseen issues within the supply chain industry. In a study by Ernst and Young, the pandemic accelerated pre-existing issues and brought priorities such as visibility and resilience to the forefront.

More recently, the Houthi militia has launched attacks on commercial and naval vessels in the Red Sea and the Gulf of Aden. Across the globe, the logistics world has faced another jarring challenge: a historic drought affecting the Panama Canal. These events have extended transit times, increased shipping and insurance costs, and caused shipping companies to seek alternative routes.

Choosing the Right Partner for Supply Chain Resilience

As a best practice and a way to build a more resilient supply chain, brands should look to align with a logistics provider renowned for their industry expertise. When searching for a partner who offers end-to-end packaging solutions, including warehousing and logistics, consider looking for a provider committed to adaptability.

The world of global logistics is ever-changing. As such, having a partner with a finger on the pulse is vital; they should have a firm grasp on seasonal trends and the ebb and flow of demand. Additionally, look to partner with a logistics provider that maintains a vast stock inventory, ensuring you have a steady supply of products no matter the season and regardless of any potential disruption.

A logistics provider should have a track record of consistency and reliability, regardless of the geopolitical climate. A stable infrastructure is paramount to your success, and a great partner will have honed this through years of experience. This experience is highly beneficial in times of crisis, as they will be able to provide you with invaluable insights and suggest solutions.

Choosing the Right Partner for Supply Chain Resilience

Furthermore, look for a partner who understands the advantage of diverse product offerings and has strategic locations. By maintaining warehouses on both coasts with substantial inventories, specifically of generically marked products, distributors can access items swiftly, bridging the gap and enabling them to fulfill orders promptly. In your search for an end-to-end provider, ask about sourcing, design, manufacturing, and distribution.

Halsted, Your Trusted Partner

Elevate your logistics game by partnering with a company committed to tailored solutions and proactive supply chain management. Halsted stands out in logistics thanks to its unwavering commitment to staying ahead, regardless of the geopolitical climate. Our approach allows us to understand the nuances of supply chain management and actively work to mitigate the impact of disruptions on your business.

Choose Halsted to ensure a resilient supply chain. With an extensive stock inventory, let us address your logistics needs. Contact Halsted, your trusted partner in end-to-end packaging solutions.