Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better.
It's been more than two months since the United Kingdom voted to withdraw from the European Union, but the shock waves aren't close to subsiding - especially with regard to the impact on global supply chains.
Many Americans appear to believe that the exposure of their personal information on the internet is inevitable. But European regulators are having none of that.
For all the talk of "collaboration," the relationship between buyer and supplier in the supply chain is often more like a tug of war: in the end, one side wins, and the other loses.
The subject of robotics in production and distribution has been dominated by fear, hyperbole and misunderstanding. Critics of the technology would have us believe that robots are poised to take over the workplace, with little or no role for humans. So what are the real prospects for robotics in the supply chain?