Data point to NVOs as a group being clearly more nervous about Hanjin than BCOs were in the months leading up to the collapse of Hanjin Shipping. This would make sense because being close to the market is a full-time job for NVOs. It’s what they do for a living.
Chris Brooks, Journal of Commerce Executive Editor
For ocean carriers, Hanjin’s demise might just be the event that tilts the playing field back in their favor for the first time since 2010.
Richard Torrenzano and Mark Davis
Tense relations between China and the United States in the South China Sea have the potential to spawn an international crisis that threatens assets, shipping and supply chains, and the safety of employees.
John Swenson, Senior Associate Attorney, The Scali Law Firm
As ridesharing companies like Uber and Lyft become ubiquitous and stories about driverless cars and trucks dominate the news, the trucking industry is stealthily starting to use autonomous vehicle, or AV, technology to increase efficiency and safety.
John D. McCown, cofounder and former CEO of Trailer Bridge Inc.
If the shipping industry succeeds in getting the International Maritime Organization to postpone the low-sulfur rule in October, it will prove to be a pyrrhic victory.
Colin Barrett, president, Barrett Transportation Consultants
A significant change proposed in the standard-form motor carrier bill of lading involves carrier negligence as related to freight loss-and-damage claims. Heretofore, it’s been up to the carrier to prove itself free from negligence, where negligence is an issue in a claim; the new B/L would instead place the legal burden on the shipper to prove the carrier was in fact negligent.
Swept up by brutally low rates across all trades, Maersk finally joined the rest of the container shipping industry in the financial bloodletting.
Gary Ferrulli, president-North America, Unicon Logistics
Carriers come into the market, and then go out of business. This year will be the sixth consecutive year the industry will lose money.
Any shipper that depends on container transportation must be looking with great concern at developments in this extraordinary year of 2016.
Strong liner-terminal relations could protect and grow the volumes of ports and terminals around the world, but maybe not, as there are also more powerful factors at play.
Greg Miller, Special Correspondent
How can alliances maintain enduring links with hubs if the alliances themselves are constantly in flux?
Mark D'Amico, Senior Analyst, SJ Consulting Group
After posting solid growth in 2014, the top trucking companies experienced a down year in 2015. Although lower fuel surcharge revenues were responsible for driving revenue downturns in the truckload and LTL markets, base rate growth also slowed from 2014.
Shippers aware of the fragility of the demand imbalance in the truckload sector are voicing concerns with their trucking partners, carriers say.
Don Dovgin, Practice Manager, Strategic Consultant, Omnitracs
Affordable in-truck technologies can help companies make smart routing decisions with a high degree of accuracy and, in the process, save money and increase their return on investment.
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