Kerry Logistics Chairman Says Tech, Trade Are Altering Supply Chains

The video discusses the shifts in global supply chains influenced by China's economic changes and geopolitical tensions. It highlights the diversion of trade and investment to Asian countries like Vietnam, driven by rising costs in China and trade conflicts. The ongoing changes in supply chains are attributed to geopolitical, economic, and technological factors. The video also examines the impact of potential tariffs on trade, particularly between the US and China, and the resulting effects on freight rates. The discussion concludes with an analysis of the economic outlook, noting the strong American economy but cautioning about rising interest rates and a potential global slowdown.

In what ways are companies reacting to the slowdown in manufacturing in China?

What predictions are made regarding freight rates in the context of the global economy?