Name: JOC Economist on Declining Home Goods Sales, Housing Market (Video)
Uploaded: Sep 13, 2011, 11:11 AM EDT
Description: JOC Economist Mario O. Moreno discusses his revised forecast for containerized imports for the remainder of 2011 and into 2012, in part due to the declining housing market and unemployment. [Editorial note: image removed/no longer available] JOC Economist Cuts Import Forecast

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JOC Economist Mario O. Moreno discusses his revised forecast for containerized imports for the remainder of 2011 and into 2012, in part due to the declining housing market and unemployment. [Editorial note: image removed/no longer available] JOC Economist Cuts Import Forecast

<div class="phx-topic abstract-wrapper"><p>From his hometown hub of Memphis, Fred Smith built FedEx from a $4 million inheritance to an $88 billion behemoth.  </p></div>

From his hometown hub of Memphis, Fred Smith built FedEx from a $4 million inheritance to an $88 billion behemoth.

Feature image

Fred Smith, FedEx founder and visionary, dead at 80

<div class="phx-topic abstract-wrapper"><p>The loss of An-124 heavy-lift air capacity will force a modal shift to ocean or a reduction in cargo sizes to fit into smaller craft, experts say.</p></div>

The loss of An-124 heavy-lift air capacity will force a modal shift to ocean or a reduction in cargo sizes to fit into smaller craft, experts say.

Market seeks to navigate medium-term cuts to heavy-lift air cargo capacity

<div class="phx-topic abstract-wrapper"><p>But a rise in demand for general cargo will not be enough to offset the sharp decline in e-commerce shipments that followed the US clampdown in May on low-value imports from China. </p></div>

But a rise in demand for general cargo will not be enough to offset the sharp decline in e-commerce shipments that followed the US clampdown in May on low-value imports from China.

Signs of air cargo recovery on the trans-Pacific as freighter aircraft return

<div class="phx-topic abstract-wrapper"><p>The acquisition of Cole Group brings Mullen trade consulting and additional non-asset logistics leverage in the US and Canada.</p></div>

The acquisition of Cole Group brings Mullen trade consulting and additional non-asset logistics leverage in the US and Canada.

Acquisition expands Canada’s Mullen Group customs brokerage, forwarding

<div class="phx-topic abstract-wrapper"><p>The US Court of International Trade on Wednesday stated that President Donald Trump’s tariffs exceed his authority. </p></div>

The US Court of International Trade on Wednesday stated that President Donald Trump’s tariffs exceed his authority.

Federal court ruling blocking tariffs resets shipping outlook

<div class="phx-topic abstract-wrapper"><p>The procedural reauthorization bill would provide funding for the agency for the next three fiscal years and add more outside expertise on ports and ocean carriers.</p></div>

The procedural reauthorization bill would provide funding for the agency for the next three fiscal years and add more outside expertise on ports and ocean carriers.

Congress seeks reauthorization of FMC through 2029

<div class="phx-topic abstract-wrapper"><p>Although spot rates from Asia to the US are dropping due to waning demand and overcapacity, the carrier is zeroing in on the e-commerce sector with its expedited transit times and the quick delivery of containers upon discharge from vessels. </p></div>

Although spot rates from Asia to the US are dropping due to waning demand and overcapacity, the carrier is zeroing in on the e-commerce sector with its expedited transit times and the quick delivery of containers upon discharge from vessels.

Hede Shipping to launch third expedited service from China to Los Angeles

<div class="phx-topic abstract-wrapper"><p>The trade group of ocean carriers is exempt from US antitrust scrutiny under an agreement it filed with the FMC five years ago, but the agency is now questioning that arrangement.  </p></div>

The trade group of ocean carriers is exempt from US antitrust scrutiny under an agreement it filed with the FMC five years ago, but the agency is now questioning that arrangement.

FMC probes legal standing of World Shipping Council agreement

<div class="phx-topic abstract-wrapper"><p>The carrier said vessels on the five-day transit to Philadelphia will carry food, apparel, industrial products and consumer goods. </p></div>

The carrier said vessels on the five-day transit to Philadelphia will carry food, apparel, industrial products and consumer goods.

Crowley launches first service linking Central America to US Northeast Coast

<div class="phx-topic abstract-wrapper"><p>Swire, UWL’s original partner for the express service to Seattle, will phase out its vessels during July while new partner Emirate Shipping Line rotates into the loop.</p></div>

Swire, UWL’s original partner for the express service to Seattle, will phase out its vessels during July while new partner Emirate Shipping Line rotates into the loop.

UWL locks in new vessel partner for trans-Pacific Vietnam service

<div class="phx-topic abstract-wrapper"><p>The groups want the US customs agency to rule that tariffs should be assessed according to a good’s origin port, not a secondary port through which it might have been transshipped. </p></div>

The groups want the US customs agency to rule that tariffs should be assessed according to a good’s origin port, not a secondary port through which it might have been transshipped.

Shipper groups urge CBP to clarify tariff transshipment confusion

<div class="phx-topic abstract-wrapper"><p>The Global Cold Chain Alliance urged European leaders to recognize the importance of investment in logistics for the resilience of Europe’s food supply chain. </p></div>

The Global Cold Chain Alliance urged European leaders to recognize the importance of investment in logistics for the resilience of Europe’s food supply chain.

Cold chain industry calls for greater support from European lawmakers

<div class="phx-topic abstract-wrapper"><p>Diversifying suppliers out of China has been a long-term trend among tech companies, but a recent acceleration of that shift is driven by fresh trade tensions rather than a desire to divest entirely, says Everstream Analytics.</p></div>

Diversifying suppliers out of China has been a long-term trend among tech companies, but a recent acceleration of that shift is driven by fresh trade tensions rather than a desire to divest entirely, says Everstream Analytics.

Tech giants shift production out of China as trade tariffs raise supply risk: analysis

<div class="phx-topic abstract-wrapper"><p>New bottlenecks in Louisiana and Mississippi are now affecting freight flows between Mexico and the Southeast US.</p></div>

New bottlenecks in Louisiana and Mississippi are now affecting freight flows between Mexico and the Southeast US.

CPKC disruptions in Gulf states now impacting carload, intermodal traffic

<div class="phx-topic abstract-wrapper"><p>Unifor, the union representing more than 2,100 truck drivers, couriers, and warehouse and clerical workers in seven Canadian provinces, will vote on the agreement on Friday and Saturday.</p></div>

Unifor, the union representing more than 2,100 truck drivers, couriers, and warehouse and clerical workers in seven Canadian provinces, will vote on the agreement on Friday and Saturday.

DHL, union workers reach tentative deal to end Canadian work stoppage

<div class="phx-topic abstract-wrapper"><p>The railroad said the disruptions were the result of the switchover to a new operating system in early May, with the technology integration intended to unify old KCS systems into the CP network.</p></div>

The railroad said the disruptions were the result of the switchover to a new operating system in early May, with the technology integration intended to unify old KCS systems into the CP network.

CPKC acknowledges service woes to US regulators, vows remediation

<div class="phx-topic abstract-wrapper"><p>Outpost is broadening its business from truck parking to a national shared-terminal network that offers multiple carriers access to “full-service” facilities. </p></div>

Outpost is broadening its business from truck parking to a national shared-terminal network that offers multiple carriers access to “full-service” facilities.

Shipper need for agility fuels growth of US shared-terminal trucking network

<div class="phx-topic abstract-wrapper"><p>Scott Cornell, CEO of Glovis America Inc., US, talks about AI and big data and opines on the role 3PLs play in creating a resilient supply chain.</p></div>

Scott Cornell, CEO of Glovis America Inc., US, talks about AI and big data and opines on the role 3PLs play in creating a resilient supply chain.

<div class="phx-topic"><p>Since its 2002 inception, Glovis America Inc. has grown from its roots in supporting Hyundai to expanding its solutions in order to support new clients and opportunities. Scott Cornell, CEO of Glovis America Inc., US, talks about AI and big data and opines on the role 3PLs play in creating a resilient supply chain.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Glovis America Inc.</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6374824939112"></dynamic-object></div></div>

Since its 2002 inception, Glovis America Inc. has grown from its roots in supporting Hyundai to expanding its solutions in order to support new clients and opportunities. Scott Cornell, CEO of Glovis America Inc., US, talks about AI and big data and opines on the role 3PLs play in creating a resilient supply chain. TPM25, Long Beach, California Sponsored by Glovis America Inc.

Expanding its reach

<div class="phx-topic abstract-wrapper"><p>Andy Gillespie, senior logistics advisor for WOWL, talks about how the business integrates partners from system to system and the benefits of international and domestic TMSs.</p></div>

Andy Gillespie, senior logistics advisor for WOWL, talks about how the business integrates partners from system to system and the benefits of international and domestic TMSs.

<div class="phx-topic"><p>Launched in 2022, WOWL provides an AI-driven transportation management system (TMS) platform created for the global supply chain. Andy Gillespie, senior logistics advisor for WOWL, talks about how the business integrates partners from system to system and the benefits of international and domestic TMSs.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by WOWL</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6374825703112"></dynamic-object></div></div>

Launched in 2022, WOWL provides an AI-driven transportation management system (TMS) platform created for the global supply chain. Andy Gillespie, senior logistics advisor for WOWL, talks about how the business integrates partners from system to system and the benefits of international and domestic TMSs. TPM25, Long Beach, California Sponsored by WOWL

Centralizing data management

<div class="phx-topic abstract-wrapper"><p>Tom Perrone, senior vice president of global professional services at Project44, discusses Project44’s partnership with companies such as Abercrombie &amp; Fitch and his thoughts on where AI can be useful to the industry. </p></div>

Tom Perrone, senior vice president of global professional services at Project44, discusses Project44’s partnership with companies such as Abercrombie & Fitch and his thoughts on where AI can be useful to the industry.

<div class="phx-topic"><p>In recent years, more companies are integrating with software partners to better serve their customers. Tom Perrone, senior vice president of global professional services at Project44, discusses Project44’s partnership with companies such as Abercrombie &amp; Fitch and his thoughts on where AI can be useful to the industry. </p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Project44</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6374744499112"></dynamic-object></div></div>

In recent years, more companies are integrating with software partners to better serve their customers. Tom Perrone, senior vice president of global professional services at Project44, discusses Project44’s partnership with companies such as Abercrombie & Fitch and his thoughts on where AI can be useful to the industry. TPM25, Long Beach, California Sponsored by Project44

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Video

<div class="phx-topic abstract-wrapper"><p>JOC Economist Mario O. Moreno discusses his revised forecast for containerized imports for the remainder of 2011 and into 2012, in part due to the declining housing market and unemployment.
 </p></div>

JOC Economist Mario O. Moreno discusses his revised forecast for containerized imports for the remainder of 2011 and into 2012, in part due to the declining housing market and unemployment.

<div class="phx-topic"><p>JOC Economist Mario O. Moreno discusses his revised forecast for containerized imports for the remainder of 2011 and into 2012, in part due to the declining housing market and unemployment.</p><p></p><p></p><p>[Editorial note: image removed/no longer available]</p><p><a href="http://www.joc.com/container-shipping/joc-economist-cuts-us-import-forecast"><u>JOC Economist Cuts Import Forecast</u></a></p><p></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="FA5m3eaoFoU?rel=0"></dynamic-object></div></div>

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