The global shipping surge is causing delays and higher costs for employee relocations. Maersk's updated earnings projections reflect this impact, with employers facing longer wait times and tighter budgets.
The travel industry is evolving rapidly, especially with technology enhancing customer experiences. For example, a recent survey by Relocate Global and the TravelTech Show reveals a growing trend: more investment in AI and booking systems.
Based on a report from CNN, despite ongoing challenges, global supply chains are managing to stay resilient. Key shipping routes like the Suez and Panama Canals are facing disruptions due to attacks and droughts, while other issues like port closures
The suspension of the moving tax deduction as part of the Tax Cuts and Jobs Act has had significant implications for individuals and businesses involved in employee relocations.
