Supply Chains 'Finally Beginning To Stabilise' Says Maersk
Maersk believes supply chains “are finally beginning to stabilise and find equilibrium”.
Wednesday 12 April 2023 | 19:00
One of Maersk’s cargo vessel Maersk Bogor berthed at Kings Wharf in Suva, Fiji. Photo: Ronald Kumar
Maersk believes supply chains “are finally beginning to stabilise and find equilibrium”.
Indeed, its Asia-Pacific March update is generally upbeat, advising that demand across its network is either stronger, or is about to strengthen, particularly on secondary trades.
However, it said that consumers were receiving “mixed signals” on the state of their economies, and that weaknesses from the combination of high inventories – especially in North Europe – and low confidence in future consumer demand were a negative influence.
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Source: The Loadstar
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