Geopolitical and economic headwinds batter freight markets; 'ally-shoring' and the allure of Mexico

In part 1 of this episode, produced with the support of Dimerco Express Group, host Mike King interviews one of the world’s leading economic and transport analysts: Paul Bingham, Director of Supply Chain Transportation Consulting, S&P Global Market Intelligence. They swing between freight markets and economic forecasts as they discuss Paul’s view that transport markets across modes are suffering from a pandemic ‘whipsaw effect’ which will result in consolidation and bankruptcies. Paul also believes that 2023 will be a “trough” for global growth and trade, and recovery will start in 2024, even as some key economies teeter on recession. In part 2, Mike speaks to Alberto Villareal, Founder & MD of Nepanoa, about the options available to manufacturers and retailers looking to diversify sourcing risk, particularly if they’re looking at options in Mexico. Guests: Alberto Villareal, Founder & MD, Nepanoa Paul Bingham, Director of Supply Chain Transportation Consulting, S&P Global Market Intelligence Episode in more detail Part 1 - Paul Bingham, Director of Supply Chain Transportation Consulting, S&P Global Market Intelligence Global economic and trade forecasts (1.35) US economy, inflation and a freight recession (5.41) Exporter outlook (8.14) Trade and geopolitical risk (12.12) China: decouple or de-risk? (15.22) US domestic freight outlook (19.37) Container lines in focus (22.39)   Part 2 Alberto Villareal, Founder & MD, Nepanoa Global supply chain risk (30.41) China+1 options in Asia (33.35) Impact on Mexican exports and economy (35.37) Key Mexico regions for FDI (40.19) Mexican infrastructure (42.39) Crime: the elephant in the room (47.25) Labour costs (52.45)