Could Take A Few Years for Ships to Catch Up to Demand: Freightos CEO

The video discusses the inefficiencies in the shipping market and how Sofritos, a digital marketplace, aims to improve it by matching carriers with importers and exporters. The impact of COVID-19 has led to increased demand for goods, causing delays and capacity issues. Future scenarios depend on consumer behavior and shipbuilding timelines. Technological solutions like air cargo and digital marketplaces offer some relief. The unpredictability of market trends makes it challenging to forecast future conditions.

What are the potential long-term effects of the current shipping market conditions on small businesses?

In what ways is technology being used to alleviate shipping pressures?