Pacific Rim Supply Chain Managers Brace for Ocean Cargo Rate Hike
By Patrick Burnson, Executive Editor
September 03, 2013 - SCMR Editorial
Ocean cargo carriers comprising the Transpacific Stabilization Agreement (TSA) Westbound section contend that there is an “urgent need” to begin rate restoration efforts in anticipation of fourth quarter cargo growth.
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The study examines the trajectory of offshoring cost arbitrage to low-cost developing countries, the rise of new locations, and the fact that there’s ample room for growth.
In a rare show of solidarity, various trucking interests are asking the Department of Transportation’s Federal Motor Carrier Safety Administration to remove online safety ratings of individual motor carriers until flaws in the CSA methodology are fixed.
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About the Author
Patrick Burnson is executive editor for Logistics Management
and Supply Chain Management Review
. Patrick covers 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. Contact Patrick Burnson