Roughly two-thirds of the 756 industry professionals surveyed for the 2022 Agility Emerging Markets Logistics Index believe shippers will see cargo rates come down by the end of the year. Eighty-percent see port bottlenecks, air capacity shortages and trucking issues easing by year end.
“The industry’s optimism reflects the fact that emerging economies are getting more resilient and figuring out ways to weather supply chain disruption,” said Agility CEO Tarek Sultan. “If emerging markets can get better access to vaccines and give small business a boost, they can help power a broad, dynamic global recovery.”
The survey is part of the 2022 Agility Emerging Markets Logistics Index, the company’s 13th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The Index ranks countries for overall competitiveness based on their logistics strengths, business climates and, for the first time, their digital readiness — factors that make them attractive to logistics providers, freight forwarders, air and ocean carriers, distributors and investors.
China…