Management Update: No more boxes.
in the NewsState of Logistics 2016: Pursue mutual benefit Drewry maritime analysts examine the Hanjin shakeout Day 2 at APICS Stifel Logistics Confidence Index reaches 12 months of negative confidence CSCMP’s Hall of Fame More News
U.S. exporters of agricultural goods meeting in San Francisco last month said they were facing a dire shortage of ocean cargo capacity this season. LM was told in a memo that carriers' increasing use of slow steaming was also a concern, as it causes severe disruptions in the supply chain. According to sources, prominent West Coast shippers met with carrier representatives of the Westbound Transpacific Stabilization Agreement to discuss ways to expedite movement in the U.S.-Asia trade lane. Sources said that part of the problem is that carriers are not using the proper forecasting tools to anticipate growth. Shippers comprising the Agriculture Transportation Coalition insist that demand is ramping way up and that vessel operators are slow to recognize the need for better deployment and more reliable service.
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!
Time for Asia’s ports to rebuild Is the freight recession upon us…again? View More From this Issue