Shippers and carriers don’t always see eye-to-eye, but they do agree on one thing as the 2014-15 shipping season rolls out: The advent of the P3 Network and other expanding vessel-sharing alliances are turning ocean transportation on the major east-west ocean trades into a commodity.

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Commentary

Commentary
As much of North America thaws out from a brutal winter, the burning question in freight transportation is whether the heavy congestion experienced in many areas was solely a weather-related phenomenon or whether limits in transportation capacity are finally starting to be revealed.
In my 42-plus years in the industry, I’ve seen many variations of what we now call alliances — joint services, slot-charter arrangements, vessel-sharing agreements, alliances and now mega-alliances — and more no doubt will follow.

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Video

Dr. Noel Hacegaba, deputy executive director, Port of Long Beach, discusses port productivity and the impact of mega-ships, the role of infrastructure investment, and the need to emphasize system improvements to increase efficiency.