When Ron Widdows, CEO of shipowner and lessor Rickmers Group, was asked at the TPM conference, “Is there any hope for this industry?” he replied: “Unless the people who are running the companies get to the point where they can price the product at a level where they can make money, then we will stay at the same rate levels for years.”
Port congestion that spills out into the real world in the form of truck lines, pollution, supply chain delays and occasional violence is a rapidly escalating problem affecting foreign trade.
There were no real losers among U.S. South Atlantic and Gulf ports that have ambitious expansion plans under the Obama budget released last week.
As a general rule, “shipper” and “consignor” refer to one and the same person/entity, in law and general usage. Still, there is a difference, and one that occasionally becomes important.
Call it the “mega” age. The 13,000-TEU-plus vessels that have spawned the formation and expansion of alliances such as the P3, G6 and, most recently, Evergreen’s joining the CKYH are the latest examples of a container shipping industry taking dramatic measures to control its fate.
I’ve been reading various articles on Southern California’s operating problems related to chassis, terminal conditions, truckers and an unfortunate internal report of a container sitting at a terminal in Long Beach for 10 days after being discharged from the vessel awaiting a trucker to take it to the railyard for movement by train to Chicago.
If there’s a theme to this year’s TPM Conference, it’s that 2014 is the year of the game-changer in international logistics. The changes the industry is grappling with as we congregate in Long Beach this week are profound and will define the main challenges confronting shippers, carriers, third-party logistics providers and others possibly for years.
Q. A carrier has these rules. They do not recognize Section 7 on any bill of lading as stated in the rules tariff.
It would be a convenient story line to link one of the major reasons for this winter’s gridlock at the ports of New York-New Jersey and Los Angeles-Long Beach to deficiencies in infrastructure. But the topic that yielded seaports a rare mention in last month’s State of the Union address is just one factor in the winter of discontent that users of the three largest U.S. ports are currently enduring. Of much more immediate impact is the anarchy surrounding chassis, and the root cause of that is to be found not on land but at sea.
Every broker should continuously evaluate the value proposition they project onto the market.
This month the world has watched as Olympic skaters have spun and jumped, skiers have swooshed downhill and Russia has delivered undrinkable water and unusable, unsanitary toilets to visitors in Sochi.
NEW DELHI, India—A yellow truck festooned with black tassels and hex symbols to ward off bad luck passed our van on the right as we jounced over the potholes that slowed us to a crawl on the road between Jaipur and Jodhpur. The truck was similar to many of the trucks I saw on a three-week road trip in the northern Indian states of Rajasthan and Uttar Pradesh this winter, except for one thing: It was carrying a 20-foot container, the only box I spotted in hundreds of miles of tortuous driving. The blue box bore the familiar APL logo.
Susan Kohn Ross
As the 2014 U.S. election season begins to take shape, the possibility of immigration reform is growing. How would reform impact the clearance of imports and exports at the U.S. border?
From my perspective the JOC article titled “NY-NJ Port Mess ‘Worst Ever’” does a significant disservice to a number of the participants within the harbor that are attempting to address a very difficult situation, which in large measure was brought on by events beyond their control.
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