In theory, blockchain has the potential to enable global container carriers to create a universal, standardized, ledger system with many more efficient processes. The question is whether carriers who are fierce competitors and who do not trust each other can use a system where trust is integral.
Jeff Tucker, chief executive officer, Tucker Company Worldwide
Short-haul sticker shock is one consequence of the electronic logging device era, and the era has only just begun. New charges, additional demands placed on the shipper by the transporter, and new demands for distribution centers are among the other consequences. Here are several tips to meet the demands of US trucking's new normal.
David Rish, president, global trade management, Livingston International
When President Donald Trump announced he would impose steel and aluminum tariffs on all except Canada and Mexico, the media was abuzz regarding the policy implications. What was buried, however, was the fact that it was only the latest salvo by the current US administration questioning the efficacy and relevance of the World Trade Organization.
Colin Barrett, President, Barrett Transportation Consultants
Building into sales terms language that would oblige a shipper’s customer to pay for transportation if a third-party logistics provider (3PL) does not get the shipper off the hook better than any modifications of a 3PL’s bill of lading would.
Pierre Liguori, director, Tokema International
What does the term “Industry 4.0” mean for logistics and supply chains? Logistics 4.0 has recently emerged as a move to smart transportation and logistics, enhanced sales and operations planning, and dynamic logistics network configuration.
Ocean carriers want to put the past 10 years behind them; it was a time when their focus went inward and unsuccessfully so. Much rebuilding is needed to re-establish credibility with customers. One opportunity is the small shipper market. But can carriers make their services Amazon-like for small shippers?
Better batteries, longer ranges, and lower costs are making electric trucks and delivery vans more popular than they have been in a century. Further, the prospect of zero emissions is adding to the go-electric argument.
Mark Szakonyi, Executive Editor
From rising protectionism underscored by President Donald Trump’s attack on steel and aluminum imports, to a new reality regarding US surface capacity, there are new challenges for shippers and transportation providers that demand action rather than hand-wringing.
David Felsen, associate professor, Saint Leo University
Even as the European Union hardens its stance and shows the United Kingdom the full impact of a hard Brexit in April 2019, there are calls within the United Kingdom for a new, post-Brexit trade union that would lessen the impact on trade, the ports, and commerce. As of today, this is certain: a hard Brexit would be an unwelcome trade jolt to the United Kingdom and the European Union.
John McLaurin, president, Pacific Merchant Shipping Association
With the world’s most stringent environmental regulations, California state, regional, and local agencies are proposing new, overlapping regulations that will drive trade and jobs away from California. If that is the goal of these regulators, then they are sending a strong signal.
Colin Barrett, president, Barrett Transportation Consultants
If your customers want to take over their inbound freight, oblige them to take title to the goods first; otherwise you have the right to select who will handle the transportation to destination, a right you should exercise freely.
Allen Patatanyan, co-founder of West Coast Trial Lawyers
Controversial new laws that went into effect last December now require most commercial truck drivers to use electronic logging devices (ELDs) to record data. ELDs synchronized with the truck’s engine automatically record driving time, creating a tamper-proof way to ensure drivers do not exceed limits.
John Gray, senior vice president of policy and economics, Association of American Railroads
Freight rail is the backbone of our nation’s intermodal network. US railroads have created the most advanced intermodal network in the world by more-fully utilizing existing capacity and through tens of billions of dollars in spending on new infrastructure and equipment directly connected to intermodal operations.
Gary Ferrulli, chief executive, Global Logistics & Transport Consulting
Many are asking, what the state of the ocean carrier/container carrier industry is in 2018. But a more illuminating question may be what the goal of the individual container carrier is and, quite possibly, the goal of the nation supporting it.
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