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

Jacksonville, Fla.-based Florida East Coast Railway (FECR), a 351-mile freight rail system on the state’s east coast, recently made two separate announcements. One had to do with an expansion of intermodal services between Charlotte, N.C. and various locations in South Florida and another was related to the company boosting its intermodal capacity through the addition of new equipment.

The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA