Calm before the Supply Chain Storm

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Current conditions for shippers could best be described as the calm before the storm, according to transportation forecasting firm FTR. The company’s most recent Shippers Conditions Index (SCI), for October 2016, indicated a neutral reading of 0.4.The Shippers Conditions Index is a compilation of factors affecting the shippers transport environment. Any reading below zero indicates a less-than-ideal environment for shippers.The current reading of 0.4 reflects what FTR describes as “a pause before the index begins an expected decline in 2017, with the implementation of capacity-constraining regulations and an uptick in shipping rates as the economy strengthens.” Shippers can expect a couple more months of neutral market conditions until the bottom falls out and the SCI begins a downward spiral that could last for two years.

Spotlight

Transworld Group of Companies

Transworld Group of Companies was established in 1976 by its Founder Chairman Mr. R. Sivaswamy, as a shipping company at Mumbai. The company later established its corporate head quarters at Dubai in 1981 under the leadership of the Chairman Mr Ramesh Ramakrishnan and has been in the forefront of Shipping, Marine and Logistics field in the Subcontinent and Gulf Region. The group built an infrastructure with a commitment for providing the highest level of services to its valued customers, setting the best standards and deploying the latest information technology as an integral part of the strategy for growth of the organization.

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Spotlight

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