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.
For Marci Rossell, 2013 will be the year U.S. consumers finally start to feel the economic recovery.
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?
Bruce Barnard, Special Correspondent
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.
Beverly L. Greenberg
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.
Lea Bogatch-Genossar, President
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.
PT Chen, Chairman
The global economy has yet to shake off the fallout from the crisis of 2008-2009 as we move into the fifth year of the outbreak.
Joseph C. Curto, President
As I write this piece for publication this month, I cannot be certain of the outcome of negotiations between the USMX and the ILA, or NYSA and the ILA as these events are currently unfolding. However, I can be certain that when the bargaining is eventually completed, we will be living with a new normalcy in management-labor relations and perhaps with some terminal operations as well. The need for change is so apparent that one way or another change will occur.
According to ESPN, the worst play of the recently completed NFL season was the Thanksgiving Day “butt fumble” engineered by New York Jets quarterback Mark Sanchez. Despite having a career in which he has thrown more interceptions than touchdowns, Sanchez was awarded a huge contract before the season started.
Bella Foss, President and Founder
The shape of the world economy has truly become a global relationship with every country as a piece of the puzzle.
Blaine Kelly, Senior Vice President, Global Supply Chain Practice
Industrial real estate markets across North America will post steady growth through 2012.
Kim Wertheimer, Executive Vice President, Strategic Development
All things considered, 2013 is on track to resemble what we saw in 2012: economic uncertainty, growth opportunities in emerging markets and a push for an integrated supply chain.
Rene Circ, Director of Industrial Research
The logistics real estate market in the U.S. fought an uphill battle throughout 2012. Tenants, primarily retailers and third-party logistics providers, absorbed approximately 125 million square feet of space, 35 percent less than 2011. Yet demand has been positive for 10 quarters, and 2013 will bring a nearly forgotten challenge for beneficial cargo owners and other users of large warehouses: a lack of quality space.
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