On Sunday, July 31, 2011, Tropical Storm Nok-Ten made landfall in northern Vietnam, and quickly entered northeastern Thailand. The flash flooding that would begin across Thailand’s northern regions soon would spill onto the lower central provinces, fed by weeks of winter monsoon rains.
It’s an amazing thing: After a year of meetings, conference calls, multiple draft panel ideas and draft agendas; after dozens (hundreds?) of speaker recruitment calls around the world; new ideas, old ideas, rejected ideas and a pretty solid group of keepers; through industry ups and downs and an election; and after myriad distractions, errors and omissions, starts and stops, cancellations and last-minute changes, the 13th annual TPM Conference has come and gone, and planning for TPM 2014 is beginning.
After five years with an operating ratio above 96 percent, Saia was one of three public less-than-truckload carriers to report an operating ratio less than 95 percent in 2012.
Twitter may be an unparalleled tool to toss out a short thought, idea or a headline, but to say it tells half the story does it too much justice; it tells a much smaller fraction of the story. Below are a few of my tweets or re-tweets from this month’s TPM Conference with a bit more than 140 characters of explanation
We have a fairly large private trucking company, employing owner-operators. We train them, and maintain operational control, specifying routes the routes they must use. We require certain equipment installation. Our contracts specify the owner-operator is an independent contractor. Are we correct in not treating our drivers as employees?
The negative impacts of sequestration on the international trade community are looming for California's public ports, and what happens there will ripple through the national economy in a matter of weeks unless Congress takes quick action.
After a no-fault chain reaction highway accident destroys a truck and its cargo, a motor carrier questions its insurer’s claim of a $100,000 liability limit on $250,000 in damages.
As the TPM Conference convenes in Long Beach this week, the trans-Pacific market’s ability to throw curveballs year after year continues to impress. In past years, these took the form of port congestion, West Coast labor unrest and biblical rail backups — all largely unanticipated and forcing the industry into crisis mode.
A contracted carrier is paid by a shipper, and goes out of business. The shipper is then asked to pay a bill for that shipment by another carrier. Without its knowledge, the contracted carrier subcontracted the move to another carrier. Must the shipper double-pay?
More than 150 of the single-vessel companies that dominate Germany's shipping fleet, have gone belly-up in the past year. And with charter rates still heading south and banks severing credit lines, the figure could grow by several hundred more within months.
Shippers and logistics companies bear a high degree of risk exposure to intellectual property infringement. To mitigate that risk, it’s a good investment of time and effort to employ the full range of resources available to U.S. companies.
2013 is expected to be another challenging year for the industry. In view of the economic problems plaguing Europe and the U.S., and the moderate-at-best growth predicted for China, along with the significant new capacity due to enter the market, overcapacity remains a major concern for the industry.
Preparing for Disruption
TPM Takeaways
A Tale of Two Carriers
Tweeting Transparency
Q&A: Owner-Operators: Truly Independent?
Sequestration Blues
Q&A: Fired Up Over Liability Limits
The Turmoil Never Ceases
Buyers and Sellers
Q&A: Must a Shipper Double Pay?
Ship Finance on Life Support
Protecting Your Intellectual Property
Annual Review & Outlook: Zim American Integrated Shipping Services
Annual Review & Outlook 2013: Wan Hai Lines America
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