Subscribe to our free, weekly email newsletter!



Keeping the faith with ocean cargo collaboration

While “collaboration” was the watchword for logistics managers reliant on ocean carriage, it appears that in 2012 it is going to be “accountability.”
By Patrick Burnson, Executive Editor
August 06, 2012

As noted in today’s news, utilization levels of vessels on the Transpacific route have averaged only 73 percent, “given in good faith but without guarantee.”

Alphaliner’s observations mirror those conveyed in an exclusive three-part market intelligence report gathered for readers of Supply Chain Management Review – our sister publication.

While “collaboration” was the watchword for logistics managers reliant on ocean carriage, it appears that in 2012 it is going to be “accountability.” Many carriers, for example, have built in schedule integrity metrics for shipper contracts, promising a new level of on-time service. What then, becomes of “slow steaming” and other energy-saving trends?

The peak shipping season is quickly approaching, and carriers and shippers are expecting, and hoping, that the second half of 2012 will be more profitable than the first. 

In our series of interviews, we asked prominent industry experts to examine the long-term consequences of this strategic shift. David Jacoby, President of Boston Strategies International, Brian Conrad, Executive Administrator, Transpacific Stabilization Agreement, and Peter Friedmann, Executive Director Agriculture Transportation Coalition share their insights and some very revealing observations.

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

Last week, the United States Department of Transportation took further steps to address various issues identified in recent train accidents involving crude oil and ethanol shipped by rail. The announcement was made by DOT with other DOT agencies, including the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA).

Logistics Management Group News Editor Jeff Berman had an opportunity to interview Derek Leathers, President and Chief Operating Officer of Werner Enterprises, at this month's NASSTRAC Shippers Conference and Transportation Expo in Orlando. They discussed various aspects of the truckload market, including prices, fuel, and regulations.

During this webcast our presenters will apply the findings of the 23rd Annual Trends & Issues in Transportation and Logistics Study to the world of shipper-carrier decision making. They'll examine the primary aspects that will influence the future direction for shipper-carrier decision-making.

For February, the month for which most recent data is available, the SCI dropped to -1.0 from January’s 2.6, with FTR explaining that the short term positive impact from one-time adjustments for rapidly dropping diesel prices and the suspension of the 2013 motor carriers hours-of-service expires later this year.

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Article Topics

Blogs · Ocean Cargo · Trade · All topics

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