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2024: Reflecting on a Dynamic Year in Global Supply Chains
As 2024 comes to an end, we look back at a year filled with extraordinary events that shaped the global supply chain landscape. From geopolitical challenges to shifts in logistics trends, the past year has underscored the importance of resilience, adaptability, and innovation in our industry.
Here are just a few of the major supply chain developments we covered and that defined 2024:
Houthi attacks in the Red Sea: The crisis continues, forcing vessels to divert around the southern tip of Africa, creating new delays and challenges for global trade.
Global RoRo capacity shortages: The shipping of automobiles was heavily impacted as carriers grappled with fleet reductions from the pandemic.
Labour unrest: Strikes surged 42% year-over-year, including a six-week standstill at the Ports of Los Angeles and Long Beach.
Port of Baltimore closure: The collision and collapse of the Francis Scott Key Bridge caused a three-month disruption.
eCommerce growth: Air freight demand soared on Asia-North America lanes as online shopping reached new heights.
ILA strike: A three-day US East Coast dockworker strike in October highlighted ongoing tensions over automation, with another strike looming in January 2025.
Global reefer shortages: The demand for refrigerated containers remains unmet, impacting perishable goods transport.
Political shifts: The re-election of Donald Trump signals potential changes in trade policies, with protectionism and tariffs on the horizon.
Shipping alliances: New alliances reshaped container shipping routes, including Maersk’s departure from Felixstowe.
Metro’s Highlights
2024 was also a year of achievements for Metro Shipping:
Air Freight Business of the Year: We were proud to receive this accolade at the Logistics UK Awards.
Road freight expansion: Our growing road freight division continues to support our clients’ evolving needs.
Publishing sector portfolio launch: We introduced tailored logistics solutions for the publishing industry.
Great Place to Work: Metro was officially accredited, reflecting our commitment to a positive and empowering workplace culture.
As we get ready to step into 2025, we are prepared to face challenges head-on, supporting our customers with expert insights, seamless operations, and innovative solutions.
Thank you for your trust and partnership in 2024.
Wishing you a wonderful holiday season and a successful year ahead.