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For the last few years, we have been operating in a seller-controlled global shipping environment. The Covid-19 pandemic had far-reaching implications, from border closures to container imbalances, and the combination of driver shortages and increasing consumer demand meant it was more expensive than ever to ship goods around the world.
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Author’s note: I was asked by Transporeon to look at what is happening in the European transportation market and they provided me with access to their Transporeon Insights market data for additional insights and perspective. This post is an excerpt of my comments from the October 2022 Transporeon Journal video commentary. I encourage you to watch the full video commentary for more insights about the European transportation market.
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We have all been living in interesting times since 2020, starting with the COVID-19 pandemic, which is still with us, through the current Russia-Ukraine war. The reality, however, is that uncertainty is not something new that we have to deal with. It has always existed and it is here to stay.
If you work in transportation, you already know this is true. It is a market that goes through cycles continuously, and there are many factors and variables that impact it, many of them outside our direct control.
MARKET ANALYSIS
Use Market Insights like a pro: expert market analysis with Adrian Gonzalez. Transporeon Journal delivers real-time analysis and expert commentary to help you get even more out of the data and maximise current market conditions to your advantage.
Burgo is a long-established customer who use the extensive product range of Transporeon's digital platform to optimize their logistics operations. We are proud to celebrate our continued partnership with Burgo Group, and have created a video showcasing Burgo's integrated transportation management activities.
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