Mentions of supply chain and logistics in maritime company filings increased by 43% between the second and third quarters of 2021.
In total, the frequency of supply chain and logistics-related phrases between October 2020 and September 2021 was 93% higher than in 2016 when GlobalData, from which our data is drawn for this article, began tracking main problems raised in companies. deposits.
When companies in the maritime industry publish annual and quarterly reports, ESG reports and other documents, GlobalData analyzes the text and identifies individual phrases related to the disruptive forces the companies will face in the years to come. Supply chain and logistics is one such topic – companies that excel and invest in these areas are seen as better prepared for the future business landscape and better equipped to overcome unforeseen challenges.
To assess whether supply chain and logistics feature more prominently in maritime industry company summaries and strategies, two metrics were calculated. First, we looked at the percentage of companies that mentioned supply chain and logistics at least once in their filings over the past twelve months – this was 42% compared to 32% in 2016 Second, we calculated the percentage of the total analyzed phrases referring to supply chain and logistics.
Among the 50 largest employers in the maritime sector, AP Moller – Maersk AS was the company that made the most references to supply chain and logistics between October 2020 and September 2021. GlobalData identified 127 supply chain-related phrases supply and logistics in the Denmark-based company report. deposits – 1.9% of all penalties. Ryder System Inc mentioned supply chain and logistics in second place – the issue was mentioned in 1.8% of sentences in the company’s filings. United Parcel Service Inc, Sinotrans Ltd and XPO Logistics Inc are other top employers with high mentions in supply chain and logistics.
This analysis provides a rough indication of which companies are focusing on supply chain and logistics and the importance of the issue in the maritime industry, but it also has limitations and should be interpreted with caution. For example, a company that mentions supply chain and logistics more regularly is not necessarily evidence that it is using new techniques or prioritizing the problem, nor does it indicate whether companies in company in supply chain and logistics have been successes or failures.
Last quarter, US-based maritime companies were the most likely to mention supply chain and logistics with 0.37% of phrases in company filings referencing the issue. In contrast, companies headquartered in Asia mentioned supply chain and logistics in just 0.09% of sentences.
Data Journalism Team