Global Trade This Week – December 22nd, 2021

What’s going on in Global Trade this Week? On this final episode of 2021, Doug Draper of ACME Distribution and Pete Mento of Mento LLC make some forward looking predictions about what we might see in global trade and transportation in 2022:

1:58 -Ocean freight will be just as bad with costs and congestion
4:10 -Food delivery services are going to flourish, expand, and get acquired
7:00 -No West Coast port strike
8:40 -Pop up logistics
12:15 -Major port closures happening more and more
13:24 -US/China trade tensions will get worse next year
14:40 -Electrification of the final mile - nikola, etc
18:32 -Russia will invade Ukraine and impact O&G markets
20:12 -Subscription based service model moves into logistics
22:13 -Republicans will take both House and Senate in midterms/
Promoting US manufacturing, services, and jobs
23:45 -Job market will be looking for more than just money: purpose