Fortunately, the shipping industry has not witnessed major casualties as may have been expected.
In line with our earlier forecast, 2012 proved to be another tough environment for the container shipping industry with weak demand growth, volatile fuel prices and unsustainable freight rates for many major trade lanes.
Governments around the world are taking action to improve the external environment of their trading community by, for example, improving existing infrastructure, creating a better general business environment and enhancing the efficiency and effectiveness of their national economic, institutional, regulatory and competition policies.
The inland waterways industry looks ahead to 2013 with optimism. The inland system’s locks and dams are aging rapidly, and this critically important infrastructure requires capitalization. Momentum for positive change is moving forward in Congress.
For more than 222 years, we have been America’s lifesavers. We protect people on the sea, protect against threats delivered by sea, and protect the sea itself. We’re proud of our unique service and the thousands of lives we save.
We must fight the regulatory war on business.
Q: We’re a motor carrier, and as such are very concerned about drug use by our drivers.
I anticipate two major trends to continue into 2013: the continued resurgence of manufacturing in the Midwest and a greater appreciation and implementation of sustainability principles in the commercial navigation industry.
The global economic landscape remains unsettled.
A number of phenomena could affect trade in 2013.
Trade expansion and labor issues are likely to be among the developments the retail industry will watch closely in 2013.
The biggest challenges facing the transportation and supply chain industry are capacity, capacity and capacity.
There’s a lot of negative rhetoric being spouted about China around the world these days. Frustrated European policymakers, for example, complain because Beijing has been unwilling to jump in and bail out the debt-laden European Union without some assurances.
The high tide of containerized U.S. exports in ocean shipping will continue to ebb in 2013.