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

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

September carloads—at 1,417,750—were down 4.9 percent—or 72,597 carloads— annually, and intermodal—at 1,365,980 trailers and containers—was up 1.2 percent—or 16,272 trailers and containers.

Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry.

The NRF is calling for 2015 holiday sales to see a 3.7 percent annual gain to $630.5 billion, which comfortably outpaces the ten-year average of 2.5 percent.

On the heels of announcing it plans to acquire freight transportation and logistics services provider Con-way Inc. for $3 billion, XPO Logistics may be considering selling off Con-way Truckload, the company’s truckload arm.

The International Air Cargo Association (TIACA) has called on world leaders meeting at the United Nations this week to work together to find solutions to the ongoing migrant crisis in Europe


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