Logistics shouldn’t be a zero-sum game. That’s why we need transparency, but that’s going to require the industry to embrace all tools, starting with a new generation of smart sensors and tracking equipment, and putting them to work on a blockchain.
Gary Ferrulli, CEO, Global Logistics & Transport Consulting
From the vantage point of early December 2018, the current year will be a mixed bag of near disaster, continuing frustrations, and some glimmer of hope; it all depends on your position and perspective.
Technology — and the disruption and efficiencies it creates — is affecting almost every segment of international shipping. Except, it seems, for the container. That should change.
Gene Seroka, executive director, Port of Los Angeles
Ports are in the unique position to facilitate transformational change for the global supply chain. If we responsibly harness the new technologies available, these advanced solutions can position ports as trusted partners in digital infrastructure — just as we are in physical infrastructure.
Gary Ferrulli, chief executive officer, Global Logistics & Transport Consulting
Asking the nations of Asia to stop subsidies seems like a waste of time. They will do what they believe to be in their best interest. Eventually, the European Union (EU) will come to the same conclusion: Do what’s best for the EU.
Bernie Hart, vice president, global trade management division, Livingston International
Importers of record must be alert to how products are being classified, particularly when working with overseas exporters who may be willfully or unwillfully trying to skirt the system by declaring goods with the wrong country of origin or an incorrect HTS code. The stakes are far too high to leave this unaddressed
Parvez Mansuri, co-founder and CEO, Advent Intermodal Solutions
The public-private partnership dubbed the Port Optimizer may seem like a win-win deal for everyone involved: port authorities, terminal operators, shippers, and carriers. But a closer look raises worrisome questions about data security, misuse of public money, and the cost of implementation.
Sharif Gardner, cyber unit training manager, AXIS Capital
Connectivity is changing the world, and that includes the shipping industry, and it offers numerous benefits. However, this connectedness makes it more vulnerable to cyber threats, but there are straightforward measures that can ensure the security of our data and infrastructure.
The year ahead holds major challenges for ocean carriers, and the challenges can be even more acute for midsize carriers such as Yang Ming, requiring even more prescience and agility.
At the JOC Logistics Technology Conference, we separated the hype from reality in a startup-flush sector where the actual impact has been difficult to see so far. But know this: a technology-led transformation is coming in logistics. It just isn’t here yet.
How blockchain will lead to fair, efficient logistics transactions
How was 2018 for container shipping? That depends.
Instead of 'outside the box,' let’s think inside the box (container)
A fleet in peril – the need for a US-flag cargo strategy
It’s time for ports to embrace change
Visual check won’t hold water in this liability claim
Cosco's grand ambitions
Are they container lines or quasi-utility companies?
Data integrity paramount in current trade climate
It’s a holdup: Forwarder wants more to move shipment
It’s time to ask hard questions about LA’s Port Optimizer
Straightforward measures to prevent cyber attacks on shipping
Big challenges for midsize container lines
Tech holds promise for logistics, but patience required