Managing Risk in a Volatile World: Insights for Shipping and Logistics Firms

The international trade landscape is becoming increasingly complex and volatile, with factors such as slowing output, persistent inflation, and geopolitical tensions contributing to a challenging credit risk environment. For shipping and logistics firms, managing these risks is crucial to maintaining smooth operations and ensuring business continuity. The Changing Terrain of Supply Chain Risks Back in the day, supply chain risks were easily classified into four categories: production delays, natural disasters, supplier failures, and the sporadic “black swan” incident. But this scene has change