Global Ocean Shipping Report
The Great Reset:
Ocean Shipping in a Post-Pandemic World
A comprehensive look at this past year, the current state of ocean shipping, and the year ahead.
Market volatility, political conflict, material shortages, public health crises and extreme weather events – 2022 was a year of constant disruption for international shipping. Now, as demand retreats, shippers face a year of economic headwinds and more uncertainty.
FourKites surveyed more than 350 supply chain leaders and analyzed internal and external data to assess how to navigate the waters of 2023.
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Top Factors Impacting Ocean Shipping
While supply chains are continually impacted by numerous interdependent variables, ocean shipping in particular is under pressure from four factors:
- Shifting economic conditions
- Bottlenecks at the ports
- Geopolitical influences on global supply chain networks
- Labor challenges
FourKites’ Survey Revealed:
of respondents plan to invest in Supply Chain Visibility.
of respondents will be investing more heavily in 2023.
International Shippers’ Top Concerns Going in to 2023
Percentage of Responses by Industry
More than half of our survey respondents agree that they are concerned about:
Other Key Findings
What the experts are saying
“The past three years have been unlike anything we’ve seen… with imports to the U.S. skyrocketing 39% from 2020 to 2022. Now things are cooling off, giving international shippers a chance to catch their breath, regroup, and chart a course for 2023 and beyond. With the lessons of the pandemic fresh on their mind, many supply chain leaders are leaning into technology to ensure past mistakes aren’t repeated.”
Industry Expert and Founder of VentureSoftPM
What you can do
Overcoming margin pressures. Navigating a tight labor market. Making progress towards sustainability goals. And an overwhelming need to remain flexible in an unpredictable market. The stakes for supply chain leaders have never been higher – download the report for tips on navigating it all.