7 Tips to help managers have productive talks and embrace new ideas  What is the current state of US ports & logistics? - June 2023  Top Tips for Entrepreneurs Looking to Develop a New Product  How to Choose the Right Load Cell for Your Project  3 ways magnets can improve efficiency in your new product development  The 5 stages of the new product development life cycle with TyTek Industries  Let’s tackle the productivity slump: starting with modernizing your management  A guide to choosing the right company for your industrial sewn products  How to Choose the Right Manufacturer for Magnet Assemblies  3 positive signs you’re on the path to success as a start-up business  

UK logistics giant, EV cargo says that shipping challenges will last for years to come

In the continuance of rising costs and supply chain challenges, the UK’s biggest privately-held logistics business says shipping issues will last for many years. EV Cargo operates both in the UK and internationally, on road, sea and air freights. Handling logistics for large businesses such as Asda and Next, they say that problems will continue for the next few years due to a number of variables.

What factors are affecting logistics worldwide? 

Although the supply chain across the U.S. has started to see signs of positivity along with slightly less congestion on some ports, there are talks of bringing manufacturing of certain products back to the country. This could bring more income, jobs and more to the U.S. however, could impact other countries who are current suppliers. China, for example, has experienced many factory shutdowns in 2022 due to small covid outbreaks which in turn has provided many logistics delays worldwide. 

With the ongoing shipping woes worldwide, this has sent prices of consumables soaring, putting more pressure on businesses to survive. Price hikes bring a cannon ball effect, as fuel and freight rise in cost, having a knock on effect on food, clothing and other products. As the UK is currently going through a cost of living crisis, it’s going to take a considerable amount of time before things start to change. The disruption in shipping has not only led to soaring costs, but poor container availability. 

Heath Zarin, founder and chief executive of EV Cargo, said: “It’s going to take a period of years to stabilize and get back to normal.” - The Independent

Another factor impacting logistics has been the worker shortage worldwide, with many businesses across all industries struggling to find or retain staff. Specifically, the UK haulier shortage has meant that businesses such as Next have had to increase wages to attract and retain staff, further adding pressures to the cost of living crisis.

The increase in fuel costs is one of the major factors impacting challenges worldwide, and EV Cargo are turning to innovation and technology in their supply chains in hopes to make savings. Heath Zarin added: “There will be ups and downs but there won’t be a massive form of relief from elevated prices.” - The Independent

At TyTek Industries, we are here to provide regular updates on all things industry based, from supply chain news to innovation and technology. We know how important it is as a business to stay on top of current challenges worldwide, so don’t hesitate to subscribe to our regular mailers

Fundamentally, TyTek Industries listens to your needs and subsequently every product that we’ve worked on is as a result of the requirements that we discuss with our customers every single day.

Today we are experts in manufacturing assemblies of different materials and our mission has never changed: We always draw on our strengths and experience to ensure the very best service and quality for our customers. Get in touch if you’d like to work with us today!


Source: The Independent


TyTek is always looking to work with innovative, talented people with a passion for design. What’s your big idea?