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Ocean cargo recession buster?

February 26, 2009

Two senior scholars in operations and supply chain management are calling on shippers to significantly expand their use of day-definite ocean container services to counter the effects of recession on global trade.
In a report released by the Olin Business School at Washington University in St. Louis, Dr. Panos Kouvelis and Dr. Jian Li declared that shipping full-container loads with specific delivery dates is the logical next step in ocean service.
Their findings were included in the research paper “Managing the New Uncertainty,” published by the business school’s Boeing Center for Technology, Information and Manufacturing (BCTIM).  
Day-definite service refers to the recently developed practice of delivering ocean cargo on a specific date agreed to by a shipper and carrier.  Until now, the service has been aimed at less-than-container load cargo (LCL), that is, shipments that don’t fill an ocean container and are transported with other shipments in the same container. But given the pressure a global recession is placing on supply chain managers to operate more efficiently, Kouvelis and Li say the time has come for widespread use of day-definite delivery for full-container loads (FCL).
The research project was sponsored by APL Logistics.

Posted by Patrick Burnson on February 26, 2009 | Comments (2)

February 27, 2009
In response to: Ocean cargo recession buster?
Sinomania! commented:

Didn't APL originate the idea of day-definite delivery? This could help West Coast ports if you consider the extra days it takes to go all-water.


February 26, 2009
In response to: Ocean cargo recession buster?
Robert commented:

I believe such an initiative will definitely help the logistics industry from the current disaster. I will bring this to the attention of my management, BGI worldwide(www.bgiworldwide.com).

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