President of MTS Logistics, a NYC-based logistics company. With his energy and leadership, they have become a top U.S. logistics company. Read Sedat Saka's full executive profile here.
The world of shipping and logistics is always changing. The past four years, from the Covid pandemic to the economic recovery and supply chain crisis that followed it, have shown that the global supply chain is prone to disruption but also innovation. As a shipping and logistics professional who has owned and operated an international freight forwarding company for over 23 years, I’ve seen many trends come to pass.
However, many challenges remain. Inflation is not yet low enough that shippers can increase their revenue and profits without increasing costs. In Q3 2023, fuel pricesSustainability and greener business practices have been discussed for years. But with frequent and costly natural disasters becoming the norm amid a changing climate, the shipping and logistics industry has started to step up and take bold steps.
The private sector has stepped up over the past few years with initiatives to promote zero-carbon shipping by 2050 . Shipping leaders such as MaerskThe last-mile delivery ecosystem has changed rapidly over the past few years, and by 2024, major U.S. retailers will have taken steps to take over many aspects of their last-mile delivery operations.
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