As everyday customers, we feel the constant creeping up of product prices. The Forint exchange rate has drastically weakened against the euro, the dollar, and regional currencies in the past six months. Setting the exchange rate in a small, open country like Hungary is difficult. Let’s examine how the weakening of the Forint impacts our daily lives.
Where do we end up? Is Forint to be blamed for everything? Read More »
When discussing traffic jams, one would typically think of big cities, peak hours, and holidays, but certainly of road transport. However, you can also talk about traffic jams at sea; we have witnessed many instances over the past 2-3 years. This refers to ships being crammed and waiting to depart or dock around ports. But what does this mean, and what is behind it?
How sea shipments get in a jam? Read More »
Consumers have had to face many new situations, each with its own pros and cons, over the past three years. There are things we understand, things we learn about, and things we are unable to understand or accept. The past three years have been especially interesting from an economic point of view. Let’s examine the lessons of Covid that could prove useful during times of conflict.
War in footsteps of Covid – how to survive? Read More »
Managers and owners of shipping companies often find themselves in situations where clients reveal their strategic decisions. This is particularly true in the aftermath of Covid and amidst the current war. As veterans in the logistics sector, we navigate challenges daily to maintain our usual standards, all the while gaining insight into how various market players react to the current situation. Part 2
Fast adjustment to replace standstill Read More »
The Russian-Ukrainian conflict raises worldwide concern among economic actors and society. As an owner, managing director, and seasoned veteran in the logistics sector, I face challenges daily to maintain our usual level of performance. On the other hand, we have insight into how various market players react to the war situation and the purchasing decisions they make in order to survive and reorganize.. Part 1
Uncertainty boosts accumulation – no ease on logistics sector burdens Read More »
Somogy Television interviewed Gyulai Krisztina, an economist and expert in precision forwarding, about the challenges of shipping in the light of the current economic circumstances.
Covid and war – current challenges in shipping Read More »
The Road Transport Price Index is a commendable effort, but there are still many aspects it cannot address. On one hand, the index value, which considers SME numbers, would likely be 2-5% higher. On the other hand, it’s not just rising costs but also limited cargo space that causes freight charges to skyrocket.
Price index not omnipotent – large companies to have constant cost advantage Read More »
Modern consumers cannot imagine living in a world where there are products they can afford but that are not available. We are experiencing this feeling, and it’s hard to understand, but we may have to live with it in the coming years. Therefore, we are particularly happy that we can still guarantee the magic of Easter for our children, just as we always have, even though it may cost us more.
Lack of goods and cargo space – do we feel it this Easter? Read More »
The consequences of war are felt in every aspect of life, with households experiencing the effects in the short term, such as product and energy shortages and higher prices….
Bidding for cargo spaces – paying more to get aboard? Read More »
