Compass Logistics & Marine set records for growth in 2021, crediting a “best-in-class” staff and innovative business model for overcoming the challenges of the pandemic. “This goes back to our boutique model, which has enabled us to customize and tailor to the customer,” CEO and owner Danny James told Invest
It’s happening, and it’s going to be big. That’s the sense one can get as they see the buildout of the new Derecktor Fort Pierce shipyard.
With the lengthy permitting and review processes completed and approvals now in hand from the U.S. Army Corps of Engineers and other state and federal agencies, Derecktor broke ground on the new property on Nov. 13. Since then, construction of the property has commenced as well as the first shipments of the new yacht hoist.
Fourteen months into the pandemic, the global supply chain network is still feeling the shock imposed. With an estimated 90 percent of the world’s cargo relying on commercial shipping, the international communities, in addition to normal trade items, are desperately competing to import massive quantities of medical and industrial freight. The spike in demand was restricted by a limited supply of vessels and containers, resulting in price spikes ranging from 63 percent for Asia to North America to 443 percent for China to South America.