In a recent podcast hosted by Maersk, experts unpacked what they call the New Normal, which is constant global supply chain disruptions. There are several factors involved, including geopolitics, climate change, labor unrest, and legal uncertainty around US tariffs. The speakers emphasized that businesses need to shift from reactive to proactive strategies. And since we’re dealing with what was referred to as “compound disruptions,” there’s a need for scenario planning, timely risk visibility, and climate resilience. One main highlight is the use of data and digital tools to forecast risks and streamline operations. Shippers are urged to reassess tech investments through a crisis-ready lens, not carry on as business as usual. Additionally, stronger collaboration between shippers and carriers will be necessary to deal with ongoing volatility.
Our take: The chaotic week it’s been for tariff news only reinforces the points made in the podcast. Transmodal can help model any changes in cost or service that may come with shifts to your sourcing strategies as you navigate the current market environment.
Read more here.
According to WTW’s latest Global Supply Chain Risk Survey, in the face of growing geopolitical, cybersecurity, and supplier-related challenges, companies are revamping their supply chain risk strategies in 2025. While many have advanced their risk frameworks through tech tools like supply chain mapping and stronger cross-functional collaboration, only 8% feel fully in control. Respondents point to rising risks such as geopolitical instability (19%), inflation (18%), and a sharp increase in cybersecurity concerns (16%). Having said that, companies are leaning into digital transformation, executive oversight, and internal risk tools as a way to shift from pandemic-era priorities and budget concerns to long-term capability building. However, these aren’t big overhauls. Companies are making incremental changes, with their efforts rooted in leadership alignment and smarter collaboration with suppliers and customers.
Our take: The effect of the prolonged uncertainty of the tariff situation is compounding the many geopolitical risks impacting shipping as well. The Red Sea is flaring up again as are broader tensions in the Middle East and Ukraine. Supply chain flexibility remains the name of the game right now.
Read more here.
President Trump has sent tariff warning letters to 14 countries, setting August 1 as the deadline to strike trade deals or face steep U.S. import taxes. While most of the new tariffs are lower than those announced in April, a few increased slightly. Countries like Myanmar, Cambodia, and Bangladesh saw reduced rates and signaled readiness to negotiate. Thailand and South Africa emphasized diplomatic engagement, while Japan and South Korea expressed disappointment but left the door open for talks. Tariffs range from 25% to 40%, targeting key exports like clothing, electronics, and vehicles. Trump also warned against retaliation, threatening further tariff hikes. The overall message: cut a deal or pay more… and do it quickly.
Our take: Looking for some optimism, it is hopeful that the announced new tariff amounts are a ceiling to what is to come. So, at the very least, importers can calculate the worst-case duty they’ll be paying moving forward. It’s probably not ideal for anyone, but at least it offers some clarity.
Read more here.