Subscribe to our free, weekly email newsletter!


2010 Ocean Shipping Roundtable: Close quarters

Dwindling space and risings rates have caused major disruptions for U.S. importers over the first half of 2010. How long will these challenges persist on the high seas? We’ve asked a couple experts to explain what ocean shippers can expect for the rest of this year.
By Patrick Burnson, Executive Editor
September 10, 2010

As Logistics Management has been documenting over the first half of 2010, ocean shippers have been scrambling for space due to a global shortage of containers and are getting squeezed for higher rates when they find it.

So, what can ocean shippers expect to face during the final quarter of this year and how do they need adjust their planning heading into 2011? We’ve asked ocean shipping and global trade insiders Michael Berzon and Jon Monroe to shine a little light on ocean rates, capacity, and trade trends—a few of the more perplexing challenges facing global shippers today.

A long time ocean shipper, Berzon is the ocean transportation committee chair of the National Industrial Transportation League (NITL). Jon Monroe is president of Jon Monroe Consulting, a firm specializing in helping shippers optimize their overseas trade lanes. Here’s what these two men in the trenches had to say about the current conditions on the high seas.

See below for related articles

2010 State of Logistics: Make your move

2010 Mid-year rate outlook: Paying a Premium

U.S. Port Security: A work in progress

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

While many industry analysts contend that distribution centers near U.S. East Coast ports will see a surge of new business after the Panama Canal expansion, real estate experts say this phenomena is already underway.

A new Government Accountability Office report on the effects of changes to truck driver hours of service rules has sparked a war of words between the American Trucking Associations and Federal Motor Carrier Safety Administration, the arm of the Transportation Department that is in charge of making those rules.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in May dropped 10.8 percent annually to $92.7 billion, following a 6.8 percent annual decline to $93.3 billion in April.

Carloads headed down 2.5 percent annually to 286,660, and intermodal containers and trailers remained on a growth path, up 2.3 percent to 270,952.

Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA