The reality of hundreds of thousands of marine chassis scattered throughout the major ports and inland intermodal hubs — with different operating rules, different operational models, and competing interests in each location — contributes to the significant complexity in the North American intermodal container paradigm.
The big story in 2020 is the continuing evolution of technology to eliminate waste and improve productivity in corporate supply chains. Shippers and carriers should continue to make significant investments in their technology infrastructure to address the way companies like Amazon and Uber are changing customer expectations.
Maritime transportation companies must equate the cybersecurity threat in 2020 with the physical security threats they faced in the post 9/11 world and take the same layered approach to maritime security that was the hallmark of the Maritime Transportation Security Act of 2002.
The Lambos Firm
The Northwest Seaport Alliance is preparing for another period of transformational change by making major infrastructure investments to redevelop marine terminal facilities at both harbors.
The Northwest Seaport Alliance
It is hard to predict that liner shipping will have a better year in 2020, but the key to remaining afloat lies in how fast and decisive carriers are able to be in adapting to the uncertainty.
Wan Hai Lines
Despite a decline in the global merchant vessel fleet growth rate and the development of new vessel automation technologies, the IMO World Maritime University predicts that that overall demand for mariners will increase over the next 20 years, making the challenges of recruiting and retaining motivated and qualified vessel personnel ever more relevant.
US Merchant Marine Academy
The refrigerated cargo sector, arguably the most profitable for the shipping lines, remains resilient and is poised to grow at a faster pace than the dry cargo sector — 6 to 9 percent — in 2020, driven by population growth, stronger demand for protein in markets like China, and mode conversion from air to sea.
SeaCube Container Leasing
Our industry needs to leverage innovation and technology. Digital supply chains need to make the shift from concept to reality, and terminals need to adapt to these dynamics and help drive them.
In the low-margin business of transportation and logistics, logistics managers must contain costs by finding the path of least resistance. In 2020, that’s efficient cargo movement that wrings delays out of the system.
Port of Oakland
One of the fastest-growing ports in the nation in container cargo, Houston has seen a 50 percent increase in business in four short years. To remain efficient, reliable, and competitive, the port needs to invest in staying ahead of the demand curve with infrastructure, including cranes, equipment, pavement, and technology.
In 2020 evolving cargo sourcing centers and geopolitics will inform the global trade landscape, but the fact remains that global trade has been and will continue to be resilient.
Port Authority of New York and New Jersey
Modernizing terminals — and in some cases introducing automation — will be the driving force in helping West Coast ports win back business. And beyond the competitive advantage, modern and efficient terminals have the added benefit of cleaning the environment and creating healthier communities.
Pacific Maritime Association
With longshore labor peace secured, the New York Shipping Association will focus in 2020 on continued implementation of the provisions of the NYSA–International Longshoremen’s Association agreement in the Port of New York and New Jersey, as well as the ILA East Coast Master Agreement’s limits on automation implementation.
New York Shipping Association
Investments in navigation and land-side infrastructure have generated peak problems among a wide range of ship sizes requiring different levels of terminal capacity that can be solved by implementation of smart port and “chain port” concepts.
International Association of Ports and Harbors
The Georgia Ports Authority’s central challenge of 2020 is staying ahead of exponential growth in demand for intermodal rail service, prompting significant rail expansion at Savannah’s Garden City Terminal.
Georgia Ports Authority
New technology such as monitoring devices on chassis and remote management of refrigerated containers is helping logistics providers adapt to changing needs. The next step is to use data science and predictive analytics to anticipate the pace and volume of cargo movements and equipment utilization.
AMA Capital Partners predicts that 2020 will be a year of eventual repair and a slow climb back to normalcy. In the meantime, liner profitability in 2020 is expected to be severely challenged at least for the first half of the year.
AMA Capital Partners
In a volatile and challenging business environment, carriers will need to take a more all-encompassing view of the supply chain and enhance their value-added services in order to gain a competitive edge.
The marine transportation system will require a digital and tech-savvy maritime workforce as it becomes more integrated, automated, and increasingly dependent on data and digitization, and maritime education and training must evolve to meet that need.
SUNY Maritime College
Forecasting that East and Gulf Coast ports will soon handle 50 percent of the US–Asia trade, the South Carolina Ports Authority will push forward in 2020 with ambitious expansions in capacity financed by a $1.6 billion capital plan.
South Carolina Ports Authority