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

Company says the Cloud offering allows customers to respond more quickly to new business opportunities, without significant upfront cost and implementation times.

As e-commerce continues to take a bigger piece of the holiday package delivery pie, it stands to reason that companies need to be proactive and prepared in order to deliver premium service during the busiest time of year, which is rapidly approaching. And that is exactly what transportation giants UPS and FedEx are doing this year. How are they doing it exactly? The primary step they are taking is to up their numbers of seasonal staffers.

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Spot market freight volumes for the month of August remained elevated compared to seasonal norms, according to data issued this week Portland, Oregon-based freight marketplace platform and information provider DAT.

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

Article Topics

Blogs · Ocean Cargo · Trade · All topics

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