In this video, Lee Smith, a global trade attorney at Baker Donelson, discusses the pressing issues facing global supply chains in 2024 and beyond. From escalating costs due to rerouted shipments and increased insurance fees to the geopolitical impacts affecting logistics, Lee provides a comprehensive overview of the challenges ahead. He delves into the Section 301 cases on Chinese shipbuilding and maritime logistics software, highlighting the implications for international trade policies.
Moreover, the discussion extends to data security concerns surrounding China's national logistics information platform and its potential impact on global shipping dynamics. Lee also explores the Federal Maritime Commission's crackdown on carrier demurrage fees and its repercussions on ocean intermodal transportation costs.
Join us as we analyze these critical issues shaping the future of global shipping. Don't forget to like, share, and subscribe for more expert insights on international trade and logistics!
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